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Explain the Following Terms in Your Own Words and Give

question 166

Essay

Explain the following terms in your own words and give an example of each for Humpty's Equipment Inc.
a.asset
b.liability
c.shareholders' equity
d.dividend
e.revenue
f.expense


Definitions:

Tight Junction

A complex of proteins in the cell membrane that creates a watertight seal between cells, preventing leakage of extracellular fluid.

Impermeable Barrier

A material or structure that does not allow fluids or gases to pass through it.

Epithelial

Refers to the type of tissue that lines the cavities and surfaces of blood vessels and organs throughout the body.

Muscular

Relating to or affecting the muscles in the body.

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