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  • Note di Apprendimento
  • Revisione degli argomenti
    FAISAL A.
    YE
    FAISAL A.

    What is the relation between reporting & balance day adjustments

    Gabriel O.
    ML
    Gabriel O.

    Reporting is a major tools used in conveying the financial status of an organisation .The profit and loss statement or report shos the business activities and finding out if their is any danger that would affect the existance of the organisation .What profit and loss statement does for firms or business organisations ,is to help the firms take a look at the internal workings of their business activities.

    Wendy C.
    AU
    Wendy C.

    Depreciation of an asset is recorded as a loss. Depreciation losses are accumulated and deducted from the assets value and recorded in the balance sheet.

    Samuel F.
    ZA
    Samuel F.

    What is the double declining balance method of depreciation?

    Harrison A.
    AT
    Harrison A.

    Reporting is among the major tools used in conveying the status of financial condition of a business organisation .The profit and loss statement or report xrays the business activities and finding out if their is any danger that would affect the existance of the organisation .What profit and loss statement does for firms or business organisations ,is to help the firms take a look at the internal workings of their business activities.

    Harrison A.
    AT
    Harrison A.

    What are the debits and credits ?

    Zachary B.
    US
    Zachary B.

    What does reporting have to do with balance day adjustments?

    Douglas R.
    US
    Douglas R.

    Reporting losses is crucial.

    Ardian R.
    flag-default-icon
    Ardian R.

    A method of allocating the cost of a tangible asset over its useful life. Businesses depreciate long-term assets for both tax and accounting purposes. The former affects the balance sheet of a business or entity, and the latter affects the net income that they report.

    Erick V.
    PE
    Erick V.

    exacto en el caso de vehículos debe considerarse la depreciación acumulada en el tiempo y la depreciación actual

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