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Which of these statements are correct?
Office Equipment
Assets like desks, chairs, computers, and printers that are necessary for the operation of an office but are not directly involved in the production process.
Delivery Equipment
Vehicles and other assets used by a business specifically for the purpose of transporting goods to customers.
Statement of Owner's Equity
A financial document that shows changes in the equity of a business over a period of time, including contributions, withdrawals, and net income.
Income Statement
A financial report that summarizes the revenues, costs, and expenses incurred during a specific period, typically a fiscal quarter or year.
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