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Meaning is primarily given to messages by:
Owner's Withdrawals
Money or other assets taken out of a business by the owner for personal use, not considered a business expense.
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing the owner's claim on the business assets.
Expenses
Costs incurred in the process of earning revenue, typically classified as operating or non-operating expenses.
Revenue
The total income generated from normal business operations, including the sale of goods and services before any expenses are deducted.
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