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Net Loss
The result when a company's total expenses exceed its total revenues during a specific period, indicating a negative earnings performance.
Balance Sheet Credit
An entry on the right side of a balance sheet, indicating liabilities, equity, or income.
Depreciation Expense
This represents the systematic allocation of the cost of an asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired.
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