Examlex
Children respond to adult modeling through
Revenues
The total amount of money received by a company for goods sold or services provided during a certain period of time.
Equity
The value of an ownership interest in property, including shareholders' equity in a corporation, representing assets minus liabilities.
Net Income
The total profit of a company after all expenses, including taxes, have been deducted from revenue.
Accounting Equation
The fundamental principle of accounting that states assets equal liabilities plus equity, serving as the foundation for double-entry bookkeeping.
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