Examlex
The half-life of a radioactive isotope is 140 days. In how many days does the decay rate of a sample of this isotope decrease to one fourth its initial decay rate?
Adjustment
A change made to a financial record to correct or update the information.
Supplies
Items used in the operation of a business that are not directly associated with the products or services being sold, such as office supplies.
Contra-Asset
An account that reduces the value of an asset account with which it is paired, used to account for allowances, depreciations, or impairments.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against an asset over its useful life to date.
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