Examlex
Divide and reduce:
Operating Expenses
Expenses incurred during the normal operation of a business, not including the cost of goods sold.
Supplies Expense
The cost incurred from using supplies during an accounting period, recognized as an expense.
Net Income
The total profit of a business after all expenses and taxes have been subtracted from total revenue.
Inventory
Items that are held by a company for the purpose of selling in the near future or the materials used to produce those goods.
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