Examlex
Albert Bierstadt and Thomas Moran were painters from the "________ School" who celebrated the West in their art.
Retained Earnings
Retained earnings are the portion of a company's net income that is kept within the company instead of being paid out to shareholders as dividends, often used for reinvestment in the business or to pay down debt.
Revenue Accounts
Accounts that track the income generated from the company's primary operations and other activities.
Expense Accounts
Accounts used to track money spent or costs incurred in a company's operation to generate revenue.
Year-End Closing Process
The series of steps taken to close out business accounts at the end of the fiscal year, preparing the books for the next fiscal period.
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