Examlex
Which one of the following is true with respect to the U.S.Supreme Court's decision in Brown v.Board of Education (1954) ?
Drawing Account
An account that tracks the money or goods withdrawn from a business by its owners for personal use.
Capital Account
A financial statement that shows the changes in ownership interest of a company over a period.
Noncumulative
Pertains to dividends or other rights that do not accumulate if not paid or exercised in the period they are due.
Dividends in Arrears
Unpaid dividends on cumulative preferred stock which must be paid out before any dividends can be distributed to common stockholders.
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