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All chequable deposits are included in
Useful Life
The estimated period over which an asset is expected to be usable by a company before it is fully depreciated.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption or wear and tear.
Installation Costs
Expenses associated with putting fixed assets into operation, including the costs of setting up, assembling, and installing the assets.
Residual Value
The estimated amount that an asset is expected to realize at the end of its useful life.
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