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Revenue
The total amount of money received by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.
Expense Accounts
Accounts used to record transactions relating to expenses incurred by a business, such as costs for materials, utilities, and salaries.
Common Stock
Equity securities representing ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.
Trial Balance
An accounting report that lists the balances of all ledgers accounts to check the mathematical accuracy of the bookkeeping system.
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