Examlex
When writing a description essay, ____.
New Equipment
Recently acquired or installed machinery or tools intended for operational or productive use in an organization.
Ordinary Maintenance
Routine maintenance and repairs necessary to keep an asset in working condition, not significantly prolonging its life or increasing its value.
Replacing Engine
The process of removing a damaged or nonfunctional engine from a vehicle or machine and installing a new or refurbished one.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear, and tear or obsolescence.
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