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What are the most common used for a steam kettle?
Rent Expense
The cost incurred by a business to utilize property or equipment for business operations.
Revenue Closed
A term not commonly used in accounting standards. NO.
Owner's Capital
The amount of money and other assets invested in a business by its owner(s), which represents the owner’s claim against the company's assets.
Expenses
The costs incurred in the process of generating revenue, typically categorized as direct or indirect expenses in accounting.
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