Examlex
In these short selections we get a glimpse of stoic philosophy from three of its greatest proponents-Marcus Aurelius, Seneca, and Epictetus, who gets the longest excerpt here. Marcus Aurelius urges that our every act should be done deliberately and attentively, following the dictates of reason and avoiding the distracting disorder of the passions. Seneca endorses suicide as a legitimate option in life because "mere living is not a good, but living well . . . [T]he wise man will live as long as he ought, not as long as he can." Epictetus distinguishes between those things in life that are up to us (intentions, desires, etc.) and those things that are not up to us (our bodies, property, reputation, etc.). If we confuse these two, we will be troubled and impeded. But if we keep them straight, we will be free of burdens, harm, and grief. "Don't seek for things to happen as you wish," he says, "but wish for things to happen as they do, and you will get on well."
-Seneca says that the wise man always reflects on the quantity of life, not its quality.
Revenue Account
An account that tracks the income earned from normal business operations, such as sales of goods or services.
Sales Tax Payable
A liability account in a company's financial statements, representing sales tax collected from customers but not yet remitted to the government.
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The exchange of a product or service for money, constituting the main operational activity for most businesses.
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An accounting record that holds the amounts owed by a company to creditors, suppliers, or lenders.
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