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Aldosterone
Capital Balances
The amount of money that owners have invested in a company plus any retained earnings or losses.
Net Income
The total profit of a business after all expenses and taxes have been deducted from total revenue.
Closing the Revenue
The process of transferring the balances from the revenue accounts to permanent accounts at the end of an accounting period.
Building Account
An account used to track the costs associated with constructing a building over a period of time.
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