Jump Links Are Also Known as ______________________ Links

question 20

Short Answer

Jump links are also known as ______________________ links.

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Definitions:

Statement of Retained Earnings

A financial document showing how a company's retained earnings have changed over a period due to dividends and earnings.

Expense Account

An expense account refers to a ledger account that tracks money spent or costs incurred in a business's operational activities.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is retained by the company to be reinvested in its core business or to pay debt.

Business Expansion

The process of increasing the scale or scope of a company's operations, often through new ventures, acquisitions, or increased market share.