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How to determine the depreciation
To determine depreciation in straight-line method, take cost of the asset, less the trade-in value, and divide by the estimated years of usefulness. "Book value" is the difference between an asset's cost and accumulated depreciation.
Show that if an investment of P dollars declines by 4% during a year , the balance at the end of the year is P(1-.04) that is P(.96) ?
Illustration of maximum possible loss method A, B and C have been partners for several years, sharing profits and losses in the ratio 2:2:1. They decided to dissolve the firm o
Permanent accounts would not include a interest expense b wage payable c prepaid rent d unearned revenues
what are the five modern accounting tehniques
Tracing trust property Apart from suing the trustee, in the event of a breach of trust, the beneficiary may follow the trust property and recover it from third parties, or the p
Necessary things for Receivership If no power to appoint a receiver is given by the terms of issue, the trustee for the debenture holders, or a debenture holder acting on behal
Example of outbound logistics in bank
what is estimated liabilities
Broadway Scripts is a service-type enterprise in the entertainment field, and its manager, Joe Numbers, has only a limited knowledge of accounting. Joe prepared the following balan
Carnival Cruise Lines This question has two parts. Answer both parts. Structure your response using headings and subheadings where appropriate. The use of tables and point fo
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