Examlex
Complete the following sentences
-The pacemaker of the heart is the __________.
Retained Earnings
The portion of net earnings not distributed as dividends but retained by the company to reinvest in its core business or to pay debt.
Treasury Stock
Shares that were once issued and outstanding but were subsequently repurchased by the company, reducing the number of shares on the market.
Organizational Expenses
Costs related to the formation and operation of a business entity, such as legal fees, accounting services, and incorporation fees.
Debit Balance
An accounting term referring to the remaining balance in an account when total debits exceed total credits.
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