Examlex
Describe how to create a document that includes a title formatted as one column and centered at the top of the page, and the information on the rest of the page formatted into two columns of equal length.
Fully Depreciated
The status of an asset whose entire cost has been expensed and has reached the end of its useful life according to accounting standards.
Gain on Disposal
The financial profit obtained from the sale of a fixed asset when the sale price exceeds the book value of the asset.
Loss on Disposal
This reflects the financial loss incurred when an asset is sold or disposed of for less than its recorded book value.
Straight-Line Method
A method of allocating an asset's cost evenly over its useful life for purposes of depreciation.
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