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A(n) ____ is a program that monitors data as it travels over networks.
Owner's Equity
Owner's equity is the residual interest in the assets of the entity after deducting liabilities, representing the owner's claim on the business assets.
Income Statement
A report detailing a company's income and expenditures within a certain time frame, leading to a profit or deficit.
Balance Sheet
A report on finance that outlines a firm's assets, debts, and owners' equity at a certain time, offering a framework for determining returns and analyzing its capital composition.
Accounts Payable
The amount a company owes to suppliers for items or services purchased on credit.
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