Examlex
The likelihood of discovery and the consequences of unethical conduct can easily result in unethical conduct.
Owner's Equity
The ownership stake of shareholders or owners in a company's assets once all debts have been subtracted.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in a net profit or loss.
Capital Account
An account on the balance sheet representing the original investment by the owners plus any retained earnings.
Owner Invests
The action taken by an owner to contribute resources, such as cash or other assets, into the business for its use.
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