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At the hepatic flexure,the
Book Net Income
The net profit or loss of a company as reported in its financial statements, calculated according to accounting principles rather than tax regulations.
Meal Expenses
Costs for food and beverages that may be deductible under certain conditions when incurred in the course of conducting business.
Capital Losses
Financial losses incurred when a capital asset is sold for less than its purchase price.
Tax-exempt Bonds
Bonds issued by governmental entities or certain non-profits that do not require the bondholder to pay taxes on the interest earned, making them an attractive investment option.
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