Examlex
The countercurrent mechanism of the kidney enables the formation of hypertonic urine.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
Equity Interest
Ownership interest in a company, usually in the form of stocks, representing a share of the earnings and assets of the business.
Cash Dividend
A payment made by a corporation to its shareholders, usually in the form of cash.
Net Income
The profit a company retains after all financial obligations, like costs and taxes, are subtracted from its total income.
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