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The Realist who portrayed the middle and lower classes in Britain's early industrial age was
Withdrawals Account
A Withdrawals Account tracks the money or assets taken out of a business by its owner(s) for personal use, affecting the owner's equity balance.
Owner's Capital
The amount of equity belonging to the owner of a business, reflecting investments and accumulated earnings.
Income Summary
An accounting tool used to aggregate all income and expense accounts to determine net income or loss for a period.
Revenue
Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.
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