Examlex
ABC sells 400 shares of its $23 par common stock for $27.The entry would entail a credit(s) of:
Net Income
The total earnings of a company after subtracting all expenses from revenue, including taxes and interest.
Cash Dividend
A payment made by a corporation to its shareholders, usually in the form of cash.
Net Cash
The amount of cash that remains after accounting for all cash inflows and outflows during a specified period.
Operating Activities
Activities that are directly related to the primary business operations, such as selling products or services and associated costs.
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