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According to Hobbes, whenever and wherever men live without a common power to keep them all in awe, there is
Ending Retained Earnings
This is the total amount of net income left over for a company after it has paid out dividends to its shareholders, shown at the end of a financial period.
Net Income
The earnings a company has left after subtracting all costs, taxes, and expenses from its overall revenue.
Adjusting Entry
A journal entry made at the end of an accounting period to record revenue or expenses in the period they occur rather than when cash is received or paid.
Unearned Subscription Revenue
Refers to the money received for services or products that have not yet been delivered or performed, often recognized as a liability on the balance sheet.
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