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The text refers to salons as
Multiple-Step Income Statement
An income statement that breaks down revenues and expenses into separate categories, such as operating and non-operating, to highlight different aspects of business performance.
Administrative Expenses
Expenses related to the general operations of a business, such as salaries of non-sales personnel and office supplies.
Rent Revenue
Money received for rent.
Purchases Discounts
Reductions in price given by suppliers to businesses when they buy goods or services, often provided for early payment.
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