Examlex
Title I of PL 99-457 created the Handicapped Infants and Toddlers Program (Part H) , which:
Straight-line Method
A method of calculating depreciation which spreads the cost of an asset evenly across its useful life.
Accumulated Depreciation
The cumulative sum of depreciation costs charged to a fixed asset from the time of its purchase.
Gain or Loss
The financial result of disposing or selling an asset or investment, measured by the difference between the sale price and the asset's book value.
Equipment
Tangible assets used in the operation of a business to produce goods or provide services, such as machinery, computers, or tools.
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