Examlex
Classify each of the following costs associated with long-lived assets as one of the following:
-Landscaping at new business location
General Legacy
A bequest of a specified amount of money or a percentage of the estate to a beneficiary, as stipulated in a will.
Personal Property
Movable assets owned by an individual or an entity, such as vehicles, furniture, and equipment, in contrast to real property like land or buildings.
Abatement
A reduction or decrease, often referred to in the context of taxes, rent, or legal penalties.
Bequests
Bequests are gifts of money or personal property left to a beneficiary through a will or estate plan.
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