Examlex
Rafael is helping Ashley understand how software providers fix software issues and make product enhancements. Rafael tells Ashley that a(n) ____ is applied over software that you already have installed in order to fix something.
Ledger
A comprehensive collection of all the accounts of a business, where transactions are recorded in a structured and detailed manner.
Income Statement
A financial statement that shows a company's revenue and expenses over a specific period, usually resulting in a net profit or loss.
Retained Earnings
The portion of net earnings not distributed to shareholders as dividends but retained by the company to be reinvested in its core business or to pay debt.
Accounts Payable
Money owed by a company to its creditors or suppliers for goods and services that have been received but not yet paid for.
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