Examlex
The concept of _____ refers to the idea that businesspeople should consider the social consequences of economic actions when making business decisions,and that there should be a presumption in favor of decisions that have both good economic and social consequences.
Transactions
The exchange of goods, services, or funds between two or more parties in accounting, each recorded as an entry.
Inventory
The goods and materials that a business holds for the ultimate goal of resale or use in production.
Stockholders' Equity
The ownership share of shareholders in a corporation, calculated as the value of assets minus liabilities.
Retained Earnings
The portion of net income that is not distributed to shareholders as dividends but is retained by the company for reinvestment.
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