Examlex
Which species is oxidized in the reaction below?
Au(s) + 3NO3-(aq) + 6H+(aq) → Au3+(aq) + NO(g) + 3H2O (l)
H+
N+5
O2-
H2O
Au
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Double-declining-balance
A method of accelerated depreciation calculating a larger depreciation charge in the first year of an asset's life and progressively smaller charges in subsequent years.
Depreciation Expense
The portion of the cost of a fixed asset that is charged as an expense in a particular accounting period, reflecting the asset's usage and wear and tear.
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