-As shown in the accompanying figure, examples of a(n) ____ type of content are elements that contain attributes or elements that contain child elements.
Definitions:
Formed Corporation
A business entity that is legally created and registered under state law, offering liability protection to its owners.
Transaction
An agreement or exchange between two parties involving goods, services, or financial assets.
Schedule L
Used to provide additional details on financial status or transactions not captured in the main tax form; no longer in general use for most taxpayers.
Accounting Method
The systematic approach to recording and reporting financial transactions for a business, determining how income and expenses are recorded and recognized.
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