Label each of the following items with its location in the accounting equation.
Asset
Liability
Shareholders' Equity
Revenue
Expenses
Definitions:
Plant Operation
The activities involved in managing and running a manufacturing facility or industrial plant, including production, maintenance, and quality control.
Flexible Benefit Plan
A benefits program allowing employees to choose from a range of benefits options, tailoring their package to meet personal needs.
Limitations
The restrictions or boundaries that define the scope or extent of something's capabilities or applications.
Employee Choice
The degree to which employees have the freedom to make decisions about their job or working conditions.
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