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Instructions: Identify the terms and briefly state their historical significance..
Strait of Sunda and Strait of Malacca
Increase Expenses
Refers to the rise in costs or expenditures that a company may experience as part of its operations.
Earning Revenue
The income a company generates from its business activities, typically from the sale of goods or services.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing the owners' claim on the business assets.
Assets
Economic resources owned or controlled by a business, expected to provide future benefits.
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