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When the owner of an old airplane engine has it restored and has an airplane built around it,the owner of the engine now owns the entire airplane through the doctrine of ______,which refers to something "added."
Utilities Expense
Costs incurred by a business for basic utilities such as water, electricity, gas, and sewage services.
Services Provided
Services provided refer to the performance of non-tangible tasks or activities by a company for its clients or customers, as opposed to selling physical products.
Customer on Account
A term used to describe a sale made on credit, where the customer agrees to pay the amount owed at a later date.
Journal Entries
Records of financial transactions in the accounting system of a business, indicating the accounts and amounts to be debited and credited.
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