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The shape of an inserted video cannot be changed from the default rectangle.
Insurance Expense
The cost incurred by a company to insure its assets, operations, and potentially its employees, recognized as an expense.
Adjusting Entry
An accounting entry made to correct, update, or complete financial records at the end of an accounting period.
Net Income
The total amount of profit earned by a company after all expenses and taxes have been deducted from total revenue.
Depreciation Expense
An accounting method used to allocate the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
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