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How did Bismarck engineer war with France?
Revenue
The total income generated from normal business operations, including sales of goods and services before any expenses are deducted.
Expanded Accounting Equation
An extension of the basic accounting equation that includes components such as owner's equity, retained earnings, and dividends.
Beginning Balances
The balances of accounts at the start of a new accounting period, carried over from the end of the prior period.
Transactions
Financial events that affect the financial position of a company, measurable in terms of changes in assets, liabilities, and equity.
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