Examlex
Which of the following items should be depleted?
Expenses
The outflow of money or other resources from a person or company to pay for goods or services.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue and expenses to show net income or loss.
Revenues
The income generated from normal business operations and includes discounts and deductions for returned merchandise.
Expenses
Outflows of resources or incurrences of liabilities that result in a decrease in the equity of a company, other than distributions to owners.
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