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Locke concludes "that innateness is the first operation of all our intellectual faculties, and the inlet of all knowledge in our minds."
Dividends Declared
Profits distributed by a company to its shareholders, usually determined by the company's board of directors.
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.
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