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____________________ is the depth into the base metal that the weld fusion or melting extends from the surface, excluding any reinforcement.
Expenses
Outflows or other using up of assets or incurring of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.
Accrual Adjusting Entry
An accounting entry made to record revenues earned or expenses incurred that have not yet been recorded through regular transactions.
Insurance Expense
Costs incurred by a business for insurance coverage, considered an operating expense.
Prepaid Rent
An advance payment for rent that is recorded as an asset on the balance sheet until it is incurred as an expense.
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