Examlex
To include a charge for labor on an invoice, labor as a service item must be recorded in the:
Working Capital
Working capital is the difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.
Articles of Incorporation
A legal document that establishes a corporation's existence, filed with a governmental body in the jurisdiction where the corporation is headquartered.
Double Taxation
A situation where the same income is taxed twice: first at the corporate level on profits, and then again at the shareholder level on dividends received.
Dividends
Dividends are a portion of a company's earnings distributed to its shareholders as a reward for their investment.
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