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The LST program is more successful for white,middle-class youths than for inner-city minority youths.
Patent
A legal document granted by the government giving an inventor exclusive rights to make, use, and sell an invention for a certain number of years.
Office Supplies
Items used in an office on a regular basis, such as paper, pens, and envelopes, which are consumed in use and need regular replenishment.
Temporary Accounts
Accounts used to record transactions within a specific accounting period, which are then closed and transferred to permanent accounts at the end of the period to prepare the company's financial statements.
Retained Earnings
The portion of net profits not distributed as dividends but retained by the company to reinvest in its core business or to pay debt.
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