Examlex
Which of the following makes a cell phone or smartphone a personal point-of-sale device?
Dividends
Dividends are a portion of a company's earnings distributed to its shareholders as a reward for their investment in the company.
Expense
Money spent or costs incurred by a business in the course of generating revenues.
Increase Stockholders' Equity
Refers to the growth in the equity portion of a company's balance sheet, signifying a rise in the net assets owned by shareholders.
Transactions
Financial events or exchanges that affect a company's assets, liabilities, or equity, and must be recorded in the accounting records.
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