Examlex
The relationship between a parent class and a child class is referred to as a(n) __________ relationship.
Equipment
Tangible assets used in operations, such as machinery and computers, that have a useful life beyond one year.
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of shareholders or owners.
Balance Sheet
A balance sheet is a financial statement that reports a company’s assets, liabilities, and shareholders' equity at a specific point in time, offering a basis for computing rates of return and evaluating its capital structure.
Assets
Resources owned or controlled by a business or an individual that are expected to produce future economic value.
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