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Some sociologists fear that the shift from primary groups to more secondary groups in society is having the effect of weakening:
Wages Accrued
A liability representing wages earned by employees that have not yet been paid by the employer.
Rent Earned
Income received by a property owner when they lease out a property to a tenant.
Income Statement
A financial statement showing a company's revenue and expenses over a particular period, culminating in the net income or loss for that period.
Balance Sheet
A document that outlines the financial position of a company, including assets, liabilities, and equity of the shareholders, at a certain time.
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