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(also called labour expense) all factory wages that are directly linked to the finished product
profit calculated as gross product minus all operating costs not included.
(also called manufacturing machinery expense) expense for use and upkeep of buildings: rent,...
GAAP principle that means that the activities of a business or accounting entity will continue...
subsidiary journal used to record all transactions where the business receives money and where...
nominal account used in the General Ledger of companies, close corporations and partnerships to...