Examlex
The visually impaired have much more trouble with verbal communication than do the hearing impaired.
Equipment
Tangible assets used in operations, such as machinery or office machines, which have a useful life longer than a year.
Straight-Line Method
A depreciation method that allocates an equal amount of the cost of an asset to each year of its useful life.
Fully Depreciated
A term used when a fixed asset has been depreciated to its salvage value and no longer carries a cost on the balance sheet except its possible residual value.
Loss on Disposal
Represents the financial loss a company incurs when it disposes of an asset for less than its carrying value.
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