Examlex
Unwanted or unneeded software included by manufacturers on new computers is called ________.
Depreciation Expense
Depreciation expense represents the systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, obsolescence, or other reductions in value.
Uncollectible Accounts
Debts owed to a company that are deemed to be irrecoverable due to various reasons such as bankruptcy of the debtor.
Retained Earnings
The cumulative net income that has been retained by a company for reinvestment in its operations or to pay debt, not distributed to stockholders as dividends.
Depreciation Expense
The allocation of the cost of a tangible asset over its expected useful life to account for the loss of value over time.
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