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High-speed ________ communication lines on the Internet backbone use fiber optics.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, recognizing the decrease in the value of the asset over time.
Adjusting Entry
An accounting entry made at the end of a period to assign income and expenses to the period in which they actually occurred.
Equipment
Tangible assets used in operations, such as machinery or office hardware, that have a useful life longer than one reporting period.
Subscription
An agreement to purchase a product or service on a recurring basis or to receive regular deliveries or access to content.
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