Examlex
Which of following statements is NOT true about memory for pictures?
Revenues
The total amount of money received by a company for goods sold or services provided during a specific period.
Net Income
The remaining profit of a company after it has paid all operational expenses and taxes from its revenue.
Credits
Entries on the right side of a double-entry bookkeeping system that increase liabilities, equity, or revenue accounts, or decrease asset or expense accounts.
Double-entry Accounting
An accounting system in which every transaction is recorded in at least two accounts, ensuring the accounting equation remains balanced.
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