Examlex
Routinely giving students personal assistants ______.
Deficit
A debit balance in the retained earnings account.
Retained Earnings
The portion of net earnings not distributed as dividends but retained by the company to reinvest in its core business or to pay debt.
Treasury Stock
Shares that were once issued and outstanding but were subsequently repurchased by the company, reducing the number of shares on the market.
Organizational Expenses
Costs related to the formation and operation of a business entity, such as legal fees, accounting services, and incorporation fees.
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