Explain the Purpose of Each of the Following Types of Graphs

question 39

Essay

Explain the purpose of each of the following types of graphs:
(A) Time-5eries 파매
(B) Scatter plot
(C) Pie chart

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Definitions:

Net Income

The total revenue of a company minus its expenses, taxes, and costs, representing the company's profit.

Adjustment

A financial transaction that corrects or updates the accounting records, often made at the end of an accounting period to ensure accuracy.

Prepaid Rent

An accounting term that refers to rent payments made in advance of the rental period to which it relates, classified as a current asset on the balance sheet.

Adjusting Entries

Bookkeeping entries executed at the termination of an accounting period to apportion profits and costs to the era in which they effectively took place.