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One type of cartilage, fibrocartilage, characterizes all cartilaginous joints.
Future Rentals
Expected or scheduled payments for the use of tangible assets (such as real estate or equipment) over the duration of a lease agreement.
Contingent Rentals
Contingent Rentals are lease payments that are not fixed or established in advance but depend on a future event or condition, like a percentage of sales.
Rental Income
The income received from leasing out property or other assets.
Depreciation Expense
Depreciation Expense represents the allocation of the cost of tangible assets over their useful lives recognizing a decrease in value due to wear and tear, deterioration, or obsolescence.
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