Examlex
List and briefly describe the main soil properties.
Actual Cost
The incurred cost that reflects the real financial expenditure on a project, purchase, or activity.
Accounting Equation
The fundamental equation of double-entry bookkeeping, represented as Assets = Liabilities + Equity.
Liabilities
Obligations owed by a business to either creditors or suppliers, often in the form of loans or accounts payable.
Net Income
The amount of money a company has earned after all expenses, including taxes and costs, have been subtracted from total revenue.
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