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Graph and on the number line. Label each point using the decimal equivalent of the fraction.
Total Expenses
The sum of all costs and expenses incurred by a business or individual in a specific period.
Prepaid Rent Expense
An account that represents rent payments made in advance for a future period; classified as a current asset on the balance sheet.
Total Liabilities
The sum of all financial obligations a company owes to external parties, which can include loans, accounts payable, and bonds payable.
Total Expenses
The sum of all costs and expenses incurred by a business during a specific period, including operational, administrative, and selling expenses.
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