Examlex
Training sessions should be half-day or three-fourths day in length rather than a full day, because the learning curve goes down late in the day.
End-of-period Spreadsheet
A tool used for accounting that summarizes all accounts and balances at the end of a period to prepare financial statements.
Balance Sheet Columns
The sections in a balance sheet that categorize and display a company's assets, liabilities, and shareholders' equity at a specific point in time.
Net Income
The complete income of a company once all costs and taxes are subtracted from its total revenue.
Net Loss
The result when a company's total expenses exceed its total revenues during an accounting period, indicating a decrease in owner's equity.
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