Examlex
A characteristic that is shared by snakes and birds is ________.
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.
Tangible Asset
Physical assets or property owned by a person or company, such as buildings, machinery, and vehicles.
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