Examlex
The Milan group falls under the:
Bonus
Additional compensation given to employees as a reward for their performance, often beyond their regular earnings.
Capital Balances
Refers to the amount of money that the owners of a company have invested in the business or retained from profits over time.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenues.
Closing the Revenue
The process of finalizing all revenue accounts and transferring their balances to permanent accounts at the end of an accounting period.
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