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Practical English: Restaurant
I´ll have three scrambled eggs with country ham.
Good morning. Are you ready to order?
Yes, I am, thank you. I´ll have three scrambled eggs with country ham, toast and jam, please.
The term depreciation applies only to tangible long-term assets, other than land and natural resources.
Land is not depreciable, because it does not have a limited useful life.
The allocation of the cost of natural resources, such as oil, gas, and timber, to the periods they benefit is referred to as depletion. Natural resources are said to be depleted, not depreciated. Depletion expenses are recorded into [...]