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Depreciation Expense
The allocation of the cost of a tangible asset over its useful life.
Operating Activities
Business functions directly related to providing goods or services, such as sales, production, and day-to-day administration.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset’s consumption or wear and tear.
Accounts Receivable
Accounts receivable is a balance sheet item representing money owed to a business for goods or services delivered but not yet paid for by customers.
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