Examlex
What does the gradual increase in the average surface temperature of the earth reflect?
Expense
Money spent or cost incurred in an entity's efforts to generate revenue, representing the cost of doing business.
Trial Balance
An accounting report that lists the balances of all general ledger accounts at a particular point in time to check the accuracy of bookkeeping entries.
Income Statement
A financial statement that shows a company's revenues, expenses, and profit over a specific period.
Retained Earnings
The portion of a company’s profits that is retained within the business rather than distributed to shareholders as dividends.
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