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Name and briefly explain methods of testing a program for errors.
Fixed Asset Accounts
Accounts that track the purchase, depreciation, and disposal of long-term assets owned by a company.
Office Equipment
Assets like desks, chairs, computers, and printers that are necessary for the operation of an office but are not directly involved in the production process.
Delivery Equipment
Vehicles and other assets used by a business specifically for the purpose of transporting goods to customers.
Statement of Owner's Equity
A financial document that shows changes in the equity of a business over a period of time, including contributions, withdrawals, and net income.
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