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* 1. The term Net Income  is sometimes referred to as "net profit" or "earnings".

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* 2. deduction is:

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* 3. A balance sheet shows a summary of the company's profits and losses during a period of time, usually a month.

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* 4. Total Earnings - Total Expenses =

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* 5. Accounts Receivable  can be listed as assets on your balance sheet.

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