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MNCs can cross-list their common stocks on multiple stock exchanges.
Closing Entries
Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent ones.
End-Of-Period Spreadsheet
A document used in accounting to compile all balance sheet and income statement accounts at the end of a reporting period.
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.
End-Of-Period Spreadsheet
A tool used in accounting to compile all balances and adjustments at the period's end before generating financial statements.
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