Examlex
If the pH of pure water is 7.0, the hydroxide ion concentration in pure water is 1 * 10-7 M.
Depreciation
Allocating the price of a physical asset systematically over the duration of its effective life.
Plant Assets
Long-term tangible assets used in the operation of a business that are expected to provide benefits for more than one year, such as machinery and buildings.
Computing Depreciation
The process of systematically allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.
Units-of-production
A depreciation method that allocates an asset's cost based on its usage, output, or units produced, rather than the passage of time.
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