Examlex
The major advantage of native applications over thin-client applications is that they will run on any operating system and mobile device.
Profit and Loss
A financial statement, also known as an income statement, that provides a summary of a company's revenues, expenses, and profits/losses over a given period of time.
Partnership
A formally established way of running a business by two or more participants who equally handle the administration and profit-sharing.
Amount Debited
The total sum that has been recorded on the debit side of a company's accounts, reflecting an increase in assets or expenses, or a decrease in liabilities or equity.
Goodwill Method
The goodwill method involves assigning a value to the intangible benefits or assets of a company, like brand reputation, during an acquisition or merger.
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