Examlex
The point at which a person notices that something has changed in the environment is the
Merchandise Company
A business that purchases and sells goods, often retail or wholesale, as its primary activity.
Form 1120S
A tax document used in the United States to report the earnings, losses, and dividends of S corporation shareholders.
Corporation
A legal entity that is separate and distinct from its owners. Corporations can own property, incur debts, sue, and be sued.
Permanent Accounts
Accounts in the general ledger that are not closed at the end of the accounting year, such as assets, liabilities, and equity accounts.
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