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Multiply.
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Credit Total
The sum of all credits entered into an accounting system during a specific period.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, also known as the bottom line.
End-of-Period Spreadsheet
A financial summary prepared at the close of an accounting period, emphasizing the consolidation and reporting of financial results and activities.
Depreciation Expense
Distributing the expense of a physical asset across its lifespan, representing the reduction in its worth as time progresses.
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