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An operation that applies to a class rather than an object instance is a(n) :
Fixed Assets
Long-term tangible assets held for business use and not expected to be converted into cash in the short term, such as buildings, machinery, and vehicles.
Fixed Asset Account
An account on the balance sheet that reports the cost and accumulated depreciation of long-term tangible assets used in the operations of a business.
Accumulated Depreciation
The cumulative depreciation of an asset up to a single point in its life, reflecting its decrease in value over time.
Debit
A bookkeeping entry that boosts an asset or expense account, or reduces a liability or equity account.
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