Examlex
Net income appears on the work sheet in the
Residual
The remaining amount left over from an equation or calculation, often referred to in terms of profits or leftovers in financial contexts.
Marginal
Refers to the additional or incremental change in an outcome resulting from a unit change in some activity, often used in economics to discuss marginal cost or benefit.
Recaptured Depreciation
The taxable difference between adjusted cost of disposal and UCC when UCC is smaller.
UCC
Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.
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