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Accounts Receivable
Money owed to a business by its customers for products or services delivered on credit.
Depreciation
Depreciation is the systematic allocation of the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up over time.
Operating Activities Section
This section of a financial statement details the revenues and expenses directly related to the core business operations.
Mortgage
A type of loan secured by real property, typically used to purchase property or which existing property owners use to raise funds.
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