Examlex
A style is a named group of formatting characteristics.
Equipment Account
An account in financial statements that represents the cost of equipment purchased by a business, excluding any accumulated depreciation.
Land Improvements
An asset account that records improvements made to land; such improvements have a limited life and are subject to depreciation (examples are a driveway or fences).
Limited Life
A term often used to describe the finite existence or duration of certain entities or agreements.
Installation Costs
The expenses associated with setting up equipment or machinery for use, which can include labor, materials, and other direct or indirect costs.
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