Examlex
Explain how species that are not closely related can look or behave so similarly. Give an example.
Unrealized Loss-Income
Financial losses or gains that have occurred on paper due to changes in asset values but are not realized until the asset is sold.
Unrealized Gain or Loss-Equity
Increases or decreases in the value of held investments that have not yet been sold, affecting the equity portion of the balance sheet.
Stockholders' Equity
The net worth of a company, calculated as total assets minus total liabilities, representing the ownership interest of shareholders in the corporation.
Contra Asset
An account that offsets an associated asset account, with common examples being accumulated depreciation and allowance for doubtful accounts.
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