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Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life.
Accumulated Depreciation
Overall depreciation expense tallied for a fixed asset since it started being used.
Accrued Salaries
Salaries that have been incurred but not yet paid, representing a liability for the company until payment is made.
Salaries Payable
A liability account that represents amounts owed to employees for services rendered but not yet paid.
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