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____________________ operation of inverters allows more loads to be served because the current ratings of the inverters add up.
Contra-Asset
An account that offsets an associated asset account on a company's balance sheet, like an allowance for doubtful accounts reducing accounts receivable.
Original Cost
The initial price paid to acquire an asset or service, not accounting for depreciation or adjustments.
Book Value
The residual amount that represents a company's assets minus its liabilities.
Accumulated Depreciation
The aggregate depreciation recorded on a fixed asset since its commencement of use.
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