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A debit:
Dividends
Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.
Net Income
The amount of money a company retains after subtracting all expenses and taxes from its gross revenue.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders.
Fiscal Year
A 12-month period used for accounting purposes and preparing financial statements.
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