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Nam Jun Paik is best known for:
Net Income
Represents the total earnings of a company after all expenses and taxes have been deducted from revenue.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.
Credit Column
In accounting, the column in ledgers or financial statements where credits are recorded, typically indicating a decrease in assets or an increase in liabilities.
Liabilities
Financial obligations or debts a company owes to others, such as loans, accounts payable, and mortgages.
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