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A play can be a ritual,but not all rituals can be a play.What distinguishes theatre from ritual?
Cost Of Merchandise Sold
The total cost of acquiring or manufacturing the goods that were sold to customers during a period.
Closing Entries
Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, preparing the books for the next period.
Customer Refunds Payable
A liability account representing the amount of money owed by a company to customers for returned goods or cancelled services.
Net Income
The total profit of a company after all revenues and expenses, including taxes and interest, have been accounted for.
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