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Which of the following is not a use of finance company funds?
Accounting Process
The systematic series of steps undertaken by accountants to record, classify, and summarize financial transactions and prepare financial statements.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and losses from total revenues.
Supplies Expense
Costs associated with consumable items or supplies used in the operation of a business during a specific period.
Accrued Expense
Expenses that have been incurred but not yet paid, recognized in accounting even if no cash has been exchanged.
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