Examlex
The Export Android Application dialog box asks whether you are using an existing or a new ____.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.
Income Summary
An account used in the closing process that summarizes the revenues and expenses for a specific accounting period before transferring the net income to retained earnings.
Net Income
Final earnings of a corporation post deductions of expenses and taxes from its aggregate revenue.
Revenues
Income generated from normal business operations, including sales of goods and services, fees, commissions, and other sources.
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