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According to Whitaker,corporate relocation of professionals
Land Account
An account on the balance sheet that reports the cost of land owned by a company.
Double-declining-balance
A method of accelerated depreciation that doubles the rate at which an asset's book value declines, compared to straight-line depreciation.
Straight-line Depreciation
A method of allocating the cost of a tangible asset evenly over its useful life.
Financial Accounting
The field of accounting focused on reporting financial information and transactions for decision makers outside the organization.
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