Instructions: Provide names for each structure below. Be sure to include the cis,trans or E,Z designations where applicable.
Name and designate: 
Definitions:
Assets
Resources owned or controlled by a business, expected to bring future economic benefits.
Liabilities
Financial obligations or debts owed by a business to external parties, which must be settled over time through the transfer of economic benefits.
Insurance Premium
A periodic payment made by an individual or company to an insurance company in exchange for coverage against specified risks.
Office Supplies
Office supplies encompass a range of items used in an office for the purpose of conducting day-to-day operations, including stationery, paper, pens, and computing equipment.
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