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Explain the differences and similarities between Phoenician, Mesopotamian, and Egyptian writing systems. Why was writing important to the development of each of these civilizations?
Expenses
Costs incurred by a business in the process of earning revenue, such as rent, salaries, and utility bills.
Withdrawals
Amounts of money taken out from a bank account, investment fund, or retirement plan, often referring to the owner's use of funds for personal use.
Total Liabilities
The sum of all monetary obligations a company owes to external parties, such as loans, accounts payable, and mortgages.
Owner's Equity
Represents the residual interest in the assets of a business after deducting liabilities, essentially the net worth belonging to the owners.
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