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(also called diminishing balance method) a method of calculating depreciation where the accumulated depreciation is taken into account; depreciation calculated on the carrying value of an asset.
budgeting done at lower levels, usually only for one year.
(also called manufacturing building expense) expense for use and upkeep of buildings: rent,...
entry in the right-hand side of an accounting record using the double entry principle. A credit...
a fixed amount paid per hour or per week for work or service of a less formal nature