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The intuition ethic argues that "if it feels good, do it."
Financial Statement
A formalized register of financial interactions and the fiscal status of an enterprise, an individual, or a separate entity.
Depreciation Expense
Allocating the value of a tangible asset evenly over its period of usefulness in a systematic manner.
Accumulated Depreciation
The aggregate depreciation charges applied to an asset since its initial utilization.
Worksheet
A paper or electronic document used to organize and simplify complex information, often used in accounting and financial analysis.
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