Examlex
Trade causes wages in countries with high productivity to increase and wages in countries with low productivity to decrease.
Depreciation Expense
An accounting method used to allocate the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up over a period.
Accumulated Depreciation
The cumulative total of the depreciation expense allocated for a physical asset from the time it was first utilized.
Equipment
Equipment consists of the tools, machinery, and other tangible assets used by a company in its operations.
Asset-Expense Relationship
The association between expenses incurred by a business and the assets used to generate revenue.
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