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Why did Japan follow such a different developmental route from China,despite borrowing heavily from Chinese political structure,religion,and culture?
Net Income
The sum a company holds as profit once it has subtracted expenses and taxes from its aggregate revenue.
Net Sales
The amount of sales revenue left after deducting sales returns, allowances, and discounts.
Cash Basis
An accounting method where revenues and expenses are recorded only when cash is received or paid, respectively.
Earned Revenues
Income generated from the normal business operations after the delivery of goods or services to customers.
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