Examlex
________________ means that multiple measures of the same construct hang together or operate in similar ways.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, simplifying accounting processes.
Accumulated Depreciation
The total amount of a tangible asset's cost that has been expensed since the asset was put into use, often shown on the balance sheet as a reduction from the asset's historical cost.
Straight-Line Method
A depreciation approach assigning a consistent depreciation expense amount to an asset throughout its operational lifespan.
Estimated Residual Value
The anticipated market value of an asset at the end of its useful life.
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