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Salary Owed
The amount of payment due to employees for services rendered that has not yet been paid.
Accumulated Depreciation
The total amount of a tangible asset's cost that has been allocated as depreciation expense over the asset's useful life, reducing its book value on the balance sheet.
Balance Sheet
A statement that displays the financial condition of a company, detailing assets, liabilities, and the equity of its shareholders at a given time.
Profit Margin
A financial metric that measures the percentage of revenue remaining after all expenses, taxes, and costs have been deducted.
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