Examlex
The policy of no net loss of wetlands in the U.S. is only partially successful because:
I. wetland dynamics are not totally understood. Reconstructed wetlands do not always provide the essential elements necessary to attract the species of the original habitat.
I. wetlands developed for the drinking water supply do not have to be replaced. This contributes to overall net loss of wetland .
III. There is no routine tracking of compliance to document success.
IV. The definition of wetland was broadened by Congress, adding marginal wetlands in addition to swamps and marshes.
Rent Expense
The cost incurred for using a property or space for business or residential purposes.
Contra Asset Account
An account that offsets or reduces the balance of a related asset account, used to record reductions or allowances, like accumulated depreciation.
Balance Sheet
A financial statement that presents a company's financial position at a specific point in time, showcasing assets, liabilities, and shareholders' equity.
Accrued Salaries
Salaries that have been incurred but not yet paid, recognized as a liability on the balance sheet until paid to employees.
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