Answer Posted / safayat
Hi Im Safayat. In short depreciation is the allocation of
cost of a particular asset over the period of time.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
EXPAND___________NAA
Explain valuation methods of Normal and Abnormal loss
Short Answer on __________Revenue
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
What is Home Loan Modification?
Is depreciation a expense or income?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
Who is called consignor
What is Split And buy-back?
Process of the settlement cycle?
how many types of practice accounts?
How can you actualize cah flows of 5 years at 8%
Expand----------SAMC
What is money measurement concept
EXPAND___________IMA