Explain about accountants record expenditures, Accounting Basics

Assignment Help:

Q. Explain about Accountants record expenditures?

Accountants record expenditures on physical resources such like buildings, land and equipment that benefit future periods as assets. But they expense expenditures on human resources for hiring and training that benefit future periods. As well when a computer is dropped and destroyed accountants record a loss. But when the president of the company dies they record no loss. Must the accounting model be changed regarding the accounting for human resources?


Related Discussions:- Explain about accountants record expenditures

Transponders?, A user buys a new transponder for $20. What debit and credi...

A user buys a new transponder for $20. What debit and credit entries would need to be made?

Procedure, procedure followed in government system of accounting in india

procedure followed in government system of accounting in india

Define Accounting. Briefly explain the accounting concepts w, Define Accoun...

Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.

What is fixed cost, Q. What is Fixed cost? Fixed cost -- a cost that do...

Q. What is Fixed cost? Fixed cost -- a cost that doesn't change as sales volume changes (in the short run.) Fixedcosts generally include such items as rent, interest, depreciat

Ledger, basic problems about ledger

basic problems about ledger

Assignment, “Ledger is said to be the principal book entry and the transact...

“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.

Explain about accrual basis and periodicity, Q. Explain about Accrual basis...

Q. Explain about Accrual basis and periodicity? Accrual basis and periodicity demonstrated that financial statements more accurately reflect the financial status and operations

Responsibility in oracle applications, Users cannot access the simultaneous...

Users cannot access the simultaneous programs ( just like Forms) until unless the program is attached to a responsibility by a ?Request Group?. Therefore the responsibilities give

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