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..

Machine installments.., i buy machine 70% cash 30% installments.i have char...

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

Explain how the use of environmental accounting can help, QUESTION An i...

QUESTION An important function of Environmental Accounting is to bring environmental costs to the attention of corporate stakeholders who may be motivated to identify ways of r

Direct expenses, Direct expenses comprise all those expenses incurred in br...

Direct expenses comprise all those expenses incurred in bringing the goods to the place of business or trade or in-production process till the goods are placed in saleable places.

Ias, last changes in accounting standard in aias?

last changes in accounting standard in aias?

Rohan., A firm of manufactures, whose books are closed on 31st December, pu...

A firm of manufactures, whose books are closed on 31st December, purchased machinery for Rs.50,000 on 15 January, 2010. Additional Machinery was acquired for Rs.10,000 on 1st July,

Sacred grounds coffee shop, To finish  this scenario, use the Confidence In...

To finish  this scenario, use the Confidence Interval Calculator Sheets 1,2,3. The Sacred Grounds coffee shop in Dead horse, AK, is considering changing its coffee brewing units

The Banking, 1. What is a bank? 2. What bank overdraft?

1. What is a bank? 2. What bank overdraft?

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

Financial statement, describe why a high stock turnover is considered to be...

describe why a high stock turnover is considered to be a good thing

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