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What is a balance sheet? Why is it called a balance sheet?
Operating Costs
Daily operational costs of a business that do not encompass production-related expenses.
Water Purification System
A system designed to remove contaminants, impurities, and other harmful substances from water, making it safe for drinking and use.
Operating Cost
Expenses associated with the day-to-day functions of a business, excluding costs tied to the production of goods or services.
Useful Life
The estimated duration over which an asset is expected to be functional and economically viable for its intended purpose.
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