describe net income in the acounting period
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Explanation:
Net income is the total amount of money your business earned in a period of time, minus all of its expenses, taxes and interest. It measures your company's profitability. Next to revenue, it's the most important number in accounting.
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Answer:
Net income is the total amount of money your business earned in a period of time, minus all of its expenses, taxes and interest. It measures your company's profitability. Next to revenue, it's the most important number in accounting.
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