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Results from the Pre-K Mathematics program indicate that:
Net Income
The total earnings of a company after subtracting all expenses, taxes, and losses.
Cash Receipts
Inflows of cash, often from sales, interest, or dividends.
Supplies Expense
Costs incurred for items used in the operation of a business, not directly tied to the production of goods or services.
Journalize
The process of recording transactions in the journal, a step in the accounting cycle that precedes posting to ledgers.
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