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What Can Be Used to Extend an Existing Class So

question 37

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What can be used to extend an existing class so as to create a more specific class?


Definitions:

Equipment

Assets used in the production or supply of services, often subject to depreciation over their useful lives.

Owner's Capital

The amount of money and other forms of assets invested into a business by the owner(s), minus any withdrawals, representing the owner’s equity.

Accounts Debited

The accounts on the left side of the accounting equation that increase with a debit transaction and decrease with a credit transaction.

Accounts Credited

Refers to the entries made on the credit side of a ledger, indicating a reduction in assets or an increase in liabilities or equity.

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