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Writer Dan Lyons characterized his transition into the tech world as ______.
Equipment
Tangible assets used in the operation of a business, such as machinery and office furniture, which are not intended for sale.
Prepaid Insurance
An asset account representing insurance payments made in advance for coverage extending beyond the current accounting period.
Accounts Receivable
Outstanding payments that a business is entitled to receive from its customers for delivered goods or services.
Miscellaneous Expense
A category for expenses that don't naturally fit into other specified categories in financial accounting.
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