How did Microsoft do to the year? 

Did that they earn 17 billion or 33 billion? Individuals frequently confuse internet income with cash from operations. - Well is not net income assumed to be tantamount to the quantity of money generated in the successful operations of a small commercial enterprise? - No. For an assortment of reasons, most of those connected with the concept of accrual accounting, net income and cash flow from operations are rarely the exact same routine. - What's this concept called accrual accounting? - Accrual, not unkind, accrual accounting means that profits are known or read on an organization's books when they're earned without regard to once the money is received. Expenses are listed as they're incurred without regard for when they're compensated. - What you are stating is that if a company manages the task, they record the job as earnings on the income statement?

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