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..

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

Standards at international level, Standards at International Level: In vie...

Standards at International Level: In view of the development of international trade and multinational enterprises, the requirement for standardization at the international level w

Determine the carrying amount of intangible assets, A company incurred the ...

A company incurred the following expenditure during the year:                                                                                                    $'000  $'000  Lic

Government accountability office, Government Accountability Office (GAO) - ...

Government Accountability Office (GAO) - Accounting and auditing office of the United States government. An independent agency which reviews federal financial transactions and repo

Development costs in its financial statements , AB Limited is a manufacturi...

AB Limited is a manufacturing entity that runs a number of operations including a bottling plant that bottles carbonated soft drinks. AB has been developing a new bottling process

Give an example of a purely reactive system, Question : (a) One of the...

Question : (a) One of the characteristics of an agent is "proactiveness". Briefly explain the effect of this characteristic. (b) Give an example of a purely reactive syste

Help with case problem, Hello, I am interested in help on an ACCO 310 case...

Hello, I am interested in help on an ACCO 310 case which is due on Tuesday the 13th at 12 PM. Please contact me at your earliest convenience and hopefully we can work something ou

Ias, last changes in accounting standard in aias?

last changes in accounting standard in aias?

Financial Reporting, This is a 2,000 words assignment. There is list of 5 q...

This is a 2,000 words assignment. There is list of 5 questions. I would love to get it done in 3 days. Could you please let me know whether you are capable of getting it done. Than

Revenue recognisation, what all include in company revenue recoganisation

what all include in company revenue recoganisation

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