An item that has been used previously. The item may have some signs of cosmetic wear, but is fully operational and functions as intended. This item may be a floor model or store return that has been used. See the seller’s listing for full details and description of any imperfections.
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Practical English: Banking
I want to make a remittance to New Delhi.
Good morning. May I help you, sir?
Yes. I want to make a remittance to New Delhi.
Do you want an international money order or a banker´s draft?
I´d like a banker´s draft please. It´s not really urgent.
Depreciation is the periodic allocation of the cost of an asset to expenses over its estimated useful life, made in a rational and systematic manner.
The amount of depreciation expensed for each month is called Depreciation expense and is recorded into the Depreciation expense account. Depreciation expense is also recorded on each long-term asset into a separate Accumulated Depreciation Account.
Examples of accumulated depreciation accounts include: [...]
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