Examlex
A well-functioning value chain should involve
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against an asset since its purchase.
Depreciation Expense
Methodically dispersing the cost of a physical asset over its serviceable lifetime.
Dividends
Distribution of a portion of a company's earnings, decided by the board, to a class of its shareholders.
Closing Entries
Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts, closing out the period.
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