Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Example of accumulated depreciation account?
The accumulated depreciation account doesn't represent cash that is being set aside to change the worn out asset. The un-depreciated cost of the asset is a debit balance in the asset account (original cost) minus the credit balance in the accumulated depreciation contra account. Accountants as well refer to an asset's cost less accumulated depreciation as the book value (or net book value) of the asset. Therefore book value is the cost not yet allocated to an expense. In the previous instance the book value of the equipment after the first month is
Cost USD 40000
Less: Accumulated depreciation 750
Book value (or cost not yet allocated to as an expense) 39250
Q. What is Asset cost and Estimated residual value? Asset cost: The asset cost is the sum that a company paid to purchase the depreciable asset. Estimated residual value:
Which accounting policies demonstrate the matching principle? 1 charging depreciation on non-current assets 2 revaluing non-current assets on a irregular basis 3 using the re
1. For what reasons do corporations purchase the stock of other corporations? 2. Explain how marketable securities should be classified in the balance sheet. 3. Describe the valu
contractee account is it an assets account or expenses Account
Q. What is Operating revenues? Operating revenues are the revenues generated by the main activities of the business- generally the sale of products or services or both.
what is the BRS
An inflated budgeted expense account
Management accounting and financial accounting Accounting is generally seen as having two different strands which are: ? Management accounting that seeks to meet accounting
what are the levels of accounting theory
How do your calculated stock prices compare to the company's present stock prices? What do you think is causing them to deviate? This will need you to investigate a lit
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd