Examlex
The total number of shares outstanding is always equal to the number of shares authorized.
Accounting Equation
The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Equity.
Cash
Cash refers to the company's currency and coins on hand, including bank account balances, utilized for transactions and operational needs.
Revenue
The total financial proceeds accumulated from a company's chief business endeavors, including sales of services and goods integral to its operations.
Equity
The ownership interest of shareholders in a corporation, represented by the assets minus the liabilities.
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