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How did the nature of war change over the course of the seventeenth century?
Cash Account
An account that represents the amount of liquid assets or cash available to an individual or company.
Operating Expenses
Costs associated with the day-to-day functions of a business that are not directly tied to production.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, also known as shareholders' equity.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the balance of income and expenditure over the preceding period.
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