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How are Burakumin racially distinguished in Japan?
Net Income
The company's final earnings following the deduction of all expenses and taxes from the gross revenue.
Accrual System
An accounting method where income and expenses are recorded when they are earned or incurred, regardless of when the cash transactions occur.
Expenses
The outflow of money to another person or company to pay for an item or service or for a category of costs.
Beginning Inventory
The valuation of inventory available for transaction at the start of an accounting timeframe.
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