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Figure 4-3
Use the figure to answer the corresponding question(s) .
-The main process that occurs at the site of the structures marked by arrows in Figure 4-3 is:
Balance Sheet Columns
Sections within the balance sheet that categorize assets, liabilities, and equity accounts to display a company's financial position at a specific point in time.
Net Income
Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders, which is reinvested in the business.
Annual Revenues
The total amount of money received by a company for goods sold or services provided during a fiscal year.
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