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State the classified balance sheet
ASSETS
Current Assets are cash and any other assets which are expected to be realized in cash, sold, used up or expire within one year. These are listed on balance sheet according to their liquidity. Plant Assets are assets which are expected to be used in the business for longer than one year.
Periodic Review
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Ask queshow to be an experttion #Minimum 100 words accepted#
Assume we are selling a device for 6000 and the company need to replace that device with a new device which is a bit more than the prior price say 7000.Then,how we can account this
pls explain expenses incurred
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