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The Polychaetes

question 45

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The polychaetes


Definitions:

Unamortized Patent

The portion of a patent's purchase cost that has not yet been expensed in the company's financial statements.

Patent Account

An account on the balance sheet that represents the value of patents a company owns, which are intangible assets.

Net Adjustment

Modifications made to the net income or net loss of a company to reconcile with cash flow or other financial statements.

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