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Balance day adjustments in the general journal and ledger

# Reporting

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• Discuss This Topic  Gabriel O. 1 0 Straight - line method assumes equal amounts of depreciation over an asset's useful life and this translates to equal depreciation expense amounts every period . The formula for calculating straight- line method is : COST - SAVING VALUE divided by useful life . Where : cost=purchase price useful life= estimated amount of time that the asset will be used by the company.this is sometimes called service life . salvage value= estimated amount the asset can be sold for at the end of its useful life . some times called residual value .  Wendy C. 1 0 In reporting there are often a variety of classifications that are relevant for an entry.  Samuel F. 1 0 With regard to depreciation, what does the term mid-month convention mean?  Harrison A. 0 0 Straight - line method assumes equal amounts of depreciation over an asset's useful life and this translates to equal depreciation expense amounts every period . The formula for calculating straight- line method is : COST - SAVING VALUE divided by useful life . Where : cost=purchase price useful life= estimated amount of time that the asset will be used by the company.this is sometimes called service life . salvage value= estimated amount the asset can be sold for at the end of its useful life . some times called residual value .  Harrison A. 1 0 which ways are depreciation calculated ?  Zachary B. 0 0 What is reporting?  Diamond T. 1 0 With regard to depreciation, what does the term mid-month convention mean?  Douglas R. 1 0 Reporting vehicle depreciation using the horizontal line method.  Erick V. 0 0 En la declaración de pérdidas y ganancias depreciación del vehículo pueden clasificarse en venta, entrega o gasto vehículo tambien habría que considerar el costo de mantenimiento frente a la adqusicion de uno nuevo y su rentabilidad empresa  Pride C. 0 0 Straight - line method assumes equal amounts of depreciation over an asset's useful life and this translates to equal depreciation expense amounts every period . The formula for calculating straight- line method is : COST - SAVING VALUE divided by useful life . Where : cost=purchase price useful life= estimated amount of time that the asset will be used by the company.this is sometimes called service life . salvage value= estimated amount the asset can be sold for at the end of its useful life . some times called residual value .
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