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Corporations are not able to distribute profits to shareholders.
Employee Earnings
The total amount of money paid to an employee by an employer, including wages, salaries, bonuses, and commissions.
Compensation
Payment or benefits provided to employees in exchange for their work or services.
Accrue a Liability
The process of recognizing liabilities that have been incurred but not yet paid or recorded in the financial statements.
Current Maturities
The portion of a company’s long-term debt that is due to be paid within the next fiscal year, often classified under current liabilities.
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