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List the Three Categories of the Balance Sheet

question 13

Essay

List the three categories of the balance sheet. For each category, provide the definition and examples of two types of accounts that are found in that particular category.


Definitions:

Activities of ADLs

Tasks performed in daily living that are essential for health and well-being, such as eating, bathing, dressing.

Health Promotion

The process of enabling people to increase control over, and to improve, their health by addressing and preventing factors affecting health.

Hearing Aids

Electronic devices that amplify sound to aid individuals with hearing loss.

Refractive Errors

Vision issues caused by the shape of the eye that prevent light from focusing directly on the retina, necessitating correction for clear vision.

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