Examlex
Eggs containing salmonella enteritis are the number-one cause of food poisoning outbreaks in the nation.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired, representing the reduction in value of the asset over time.
Book Value
The net value of an asset or liability recorded on the balance sheet, often different than its fair market value.
Building Account
An account used to track the costs associated with the construction or improvement of a building until the project is completed and the asset is ready for use.
Adjusted Trial Balances
An internal document that lists all accounts and their balances after adjustments are made for errors, accruals, and deferrals, used for preparing financial statements.
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