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Recent research is showing that some organizations experience constant,unpredictable,non-linear change.These environments are called
Original Cost
The purchase price of an asset or service, including installation fees, transportation charges, and any other expenses necessary to make the asset operational.
Depreciation Expense
This refers to the allocation of the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up during an accounting period.
Adjustment Columns
Refers to columns in a worksheet or financial statement used to record adjustments to certain accounts before preparing the final financial statements.
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