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The income statement for the month of June, 2015 of Camera Obscura Enterprises contains the following information: After the revenue and expense accounts have been closed, the balance in Income Summary will be
Animal Fat
A type of fat derived from animals, used in cooking and in the production of a variety of consumer goods.
Bases
Substances that can accept protons or donate a pair of valence electrons to form a bond and are characterized by a high pH, often above 7 when dissolved in water.
Transition Metals
Elements found in the central block of the periodic table (groups 3-12), characterized by their ability to form positive ions with incomplete d-shells.
Alkali Metals
A group of chemical elements in the periodic table with similar properties: shiny, soft, highly reactive at standard temperature and pressure.
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