Examlex
Match the terms often associated with end of life to the proper reference.
-heart stops beating
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Accrued Expenses
Expenses that have been incurred but not yet paid, representing liabilities on the balance sheet.
Accounts Payable
Money owed by a company to its creditors for goods and services that have been purchased on credit.
Gain
An increase in wealth or resources, typically realized through the sale of an asset for more than its purchase price.
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