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After absorption, iron is transported by
Annual Rent
The total amount of money paid for the use of property or equipment for a year.
Adjusting Entries
Documentation made at the culmination of an accounting period, aiming to allocate revenues and expenses to the correct timeframe of their occurrence.
Fiscal Year
A one-year period used for financial reporting and budgeting, which may not align with the calendar year.
Net Income
Represents the total profit of a company after all expenses and taxes have been subtracted from total revenue.
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