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Which German legislation sets forth all of the principles and methods to be practiced in German correctional facilities.
Utilities Expense
The cost incurred by a business for basic services such as electricity, water, gas, and sewage during an accounting period.
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the ownership value.
Liabilities
Financial obligations or debts a company owes to external parties or entities.
Accounting Equation
The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus shareholders' equity.
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