In accountancy, depreciation refers to two aspects of the same concept: Businesses depreciate long-term assets for both tax and accounting purposes. The former affects the balance sheet of a business or entity, and the latter affects the net income that they report. Generally the cost is allocated, as depreciation expense, among the periods in which the asset is expected to be used. This expense is recognized by businesses for financial reporting and tax purposes. Methods of computing depreciation, and the periods over which assets are depreciated, may vary between asset types within the same business and may vary for tax purposes.
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Filed under Pagadian City The Philippines, being a country archipelago of islands and seas, have naturally wonderful beaches, some of which are famous the world over. Beaches like Puerto Galera, Boracay, and the various beaches in Cebu rake in tourists from around the world all year round because of their pristine and cool blue waters and fine, white-sand shores. However, if one will just look around more, they will find that there are other less-known but equally beautiful beach spots in other parts of the Philippines.
In Pagadian, in particular, there are beaches and islands that will make one believe that there is such a thing as a secluded paradise on Earth. A nice place to start would be the Dao-Dao Islands some seven to ten minutes away from the seaport, when riding a motorboat. It is a rather big island, with an area size of about 1.
It is an opportunity for us to reflect on the language and ideas that represented each year. So, take a stroll down memory lane to remember all of our past Word of the Year selections. Change It wasn’t trendy , funny, nor was it coined on Twitter , but we thought change told a real story about how our users defined Unlike in , change was no longer a campaign slogan. But, the term still held a lot of weight.
Here’s an excerpt from our Word of the Year announcement in The national debate can arguably be summarized by the question:
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