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After the Mongol invasions,how did China view itself in relation to the rest of the world?
Depreciated
Refers to the reduction in the recorded value of an asset over time due to wear and tear, obsolescence, or age.
Equipment
Tangible assets used in operations, such as machinery or office hardware, that play a key role in business operations and productivity.
Allowance for Repairs
A reserve of funds set aside by a company to cover anticipated repair costs for its assets.
Deferred Credit
Liabilities or income that have been recognized but not yet earned, and therefore, postponed to a future accounting period.
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