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The structural-functional approach calls attention to
Owner's Equity
The residual interest in the assets of the enterprise after deducting its liabilities, also known as shareholder's equity.
Net Income
The final amount of money a company makes after taking away all expenses, including taxes and the costs of operation, from the total income.
Owner Drawings
Amounts withdrawn by the owner of a business for personal use, reducing the owner's equity in the business.
Revenues
The income earned from normal business operations and includes discounts and deductions for returned merchandise.
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