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Net Loss
Net loss occurs when a company's expenses exceed its revenues during a specific accounting period, indicating financial loss.
Adjustments Columns
Columns in accounting journals or ledgers used to make corrections or modifications to financial entries for accurate reporting.
Total Credits
The aggregate amount of credit entries made in an account or a financial statement.
Total Debits
The sum total of all debit entries made in a company's accounting ledger during a specific period.
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