Examlex
Under the principle of comity,foreign nations are exempt from the juris?diction of U.S.courts.
Unearned Revenue
Revenue received by a company for goods or services yet to be delivered or performed.
Equipment Purchase
The act of acquiring equipment or machinery for the purpose of enhancing a company’s operational capacity or efficiency.
Noncash Financing
Funding activities that involve liabilities and equity but do not involve the inflow or outflow of cash, such as issuing stock or converting debt to equity.
Financial Statements
Documents that present a business's financial performance and position, typically including the balance sheet, income statement, and cash flow statement.
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