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Expenses
Costs that a business incurs through its operations to generate revenue, including costs of goods sold, rent, utilities, and salaries.
Profit & Loss Statement
A financial report that summarizes the revenues, costs, and expenses incurred during a specific period, typically used to assess a company's financial performance.
Income
The financial gain received by an individual or a business, often obtained from a job, business operations, or investments.
Expenses
Costs incurred by a business in the process of earning revenue, such as salaries, rent, and utilities.
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