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What are the disadvantages of internal analysis of preferences?
Accounts Receivable
Money owed to a business by its clients or customers for goods or services provided on credit.
Net Income
The total earnings of a company after deducting all expenses and taxes from total revenue, indicating the company's profitability.
Prepaid Expenses
Payments made in advance for goods or services to be received in the future, recorded as assets until they are consumed.
Accrual Basis
An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.
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