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? If a chemical reaction, such as ATP hydrolysis, releases energy to the surroundings it is called
Net Income
The company's earnings remaining after deducting all expenses and taxes from its revenue.
Beginning Equity
The value of an owner's interest in a company at the start of an accounting period.
Ending Equity
The value of an owner’s interest in a company at the end of an accounting period, determined by subtracting liabilities from assets.
Payroll Accrual
An accounting method that records payroll expenses incurred but not yet paid out to employees, ensuring expenses are recognized in the period they are incurred.
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