Examlex
Unlike application code,stored procedures are never distributed to the client computers.
Contra-Asset
An account on a company's balance sheet that reduces the value of related, primary asset accounts.
Appropriating Retained Earnings
The process of allocating retained earnings, often to specific purposes or reserves, as determined by a company's management or board of directors.
Accumulated Depreciation
The total depreciation for a fixed asset that has been charged to expense since that asset was acquired and made available for use.
Retained Earnings
Accumulated net income after dividends that is reinvested in the business.
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