You will use your business’s fiscal year if referring to your business income. Total annual gross income can include money you receive from many different sources. Gross income is calculated

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Operating expenses include costs for maintenance, utilities, rent, employee payroll, etc, that have to do with the regular day-to-day activities of a business. An interest expense isn’t related to any

But it’s in the 15th century that the roots of modern bookkeeping can be found. And fittingly, there are two entries in the history books for who documented the double-entry