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Accounting is so boring. Can't wait till I graduate.
I can't wait to get to school and learn about accounting!
Ya I'm down.
I'm kinda nervous about the Accounting Vocabulary quiz. Wanna study?
What the definition of Net Income and Net Loss
Net income is revenue greater than expenses. Net loss is Expenses greater than revenue.
Assets is the system used to record and interpret financial data
A liability is money that someone or a company owes to a creditor.
Balance sheet is a companies proof that accounting equations are balanced
Owners Equity is the owners worth in the business.
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