machine installments.., Accounting Standards

Assignment Help:
i buy machine 70% cash 30% installments.i have charged 100% cost to asset and capital so when i pay first installment i debit installment expense and credit bank so my question is installment is not my capital expense ? and how i treat it to capitalized ?

Related Discussions:- machine installments..

confidence interval calculator sheets, To finish this scenario, use the Co...

To finish this scenario, use the Confidence Interval Calculator Sheets 1,2,3 and the Area Gas Prices - Random Sample Excel file, linked in the Resources. The Minneapolis Star Tr

Accounting presentation, Hello, I have a presentation about an assigned ca...

Hello, I have a presentation about an assigned case study from the book and i also have the solution manual. I am extremely busy till the day of my presentation and my english lan

Financial position statement, Currently I can represent my financial positi...

Currently I can represent my financial position in the subsequent form:                                           Financial Position Statement 1     Amount owned by me

Gaap and ifrs, how much does a paper costs regarding differences and simili...

how much does a paper costs regarding differences and similiarities of gaap and ifrs for 4 companies

Securities and exchange commission, Formed under the Securities and Exchang...

Formed under the Securities and Exchange Act of 1934 the SEC (Securities and Exchange Commission) is a government agency that administers important acts dealing with the interstate

Journal - accounting process, Journal is an every days record of business t...

Journal is an every days record of business transactions, this is also termed a 'Day Book' and is used for recording every day transactions in the order wherein they arise.  It is

International accounting standard committee, International Accounting Stan...

International Accounting Standard Committee ( I. A. S.C. ) Defines inventories as Tangible property) a. Held for sale in the ordinary course of business. b. In the proces

Items in the profit and loss account, The subsequent items are debited in t...

The subsequent items are debited in the profit and loss account as: 1. Administrative expenses comprising office salaries, office lighting, office rent, printing, director's fee

Data attributes for every entity, Make a new information system for this co...

Make a new information system for this company. Your solution should contain the following items: 1.  An overview of the primary features of the new system, describing why this

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd