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You arrive on the scene of an unknown emergency.As you scan the surrounding area,you notice a large number of people wearing unique armbands and shouting anti-government comments though you are not aware of any public gathering scheduled for today.Your suspicions of a potential terrorist incident are the result of:
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operating costs, from its total revenues.
Revenue Accounts
Accounts recording the income a company generates from its operations, not related to its investments or other sources.
Gain Accounts
Accounts reflecting increases in equity, other than those relating to contributions from equity participants, typically from transactions and other events affecting the entity.
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