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Both infants and adults may hold misconceptions about the behaviour of physical objects in the world.This is known as
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.
Owner's Withdrawals
Money or other assets taken from the business by the owner for personal use.
Income Statement
An income statement is a financial report that shows a company's revenues, expenses, and profit over a specific period, illustrating its financial performance.
Balance Sheet
An overview report showing a business's assets, liabilities, and equity held by shareholders at a specific time.
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