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What is Coordinated Universal Time (UTC) ?
Unamortized Patent
The portion of a patent's cost that has not yet been expensed against earnings over its useful life.
Adjustment Necessary
Indicates a need to modify financial statements or entries to reflect accurate and fair information.
Land Account
An account used in accounting to record the cost of land owned by a company, which is a non-depreciable asset.
Unamortized Patent
The portion of a patent's cost that has not yet been expensed through the process of amortization.
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