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Describe how a civil case is commenced and how it proceeds through the court system.Be sure to use appropriate terminology in describing the various stages of a lawsuit.
Equipment
Tangible property owned by a business that is used in its operations to generate income.
Working Capital
A measure of a company's short-term financial health and operational efficiency, calculated as current assets minus current liabilities.
Accrual
An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash transaction happens.
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