Examlex
Which bird species did ornithologist John Audubon observe in the early 1800s in a flock that he estimated was 16 kilometres wide and hundreds of kilometres long and consisted of perhaps a billion birds?
Estimated Useful Life
The length of time, usually expressed in years or periods, that an asset is expected to be used in business operations.
Plant Assets
Durable physical assets utilized in manufacturing goods and providing services, including structures, machines, and tools.
Nonphysical Assets
Assets that do not have a physical presence, such as intellectual property, patents, and trademarks.
Land Account
An account on the balance sheet that reports the cost of land owned by a company.
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