You have new items in your feed. Click to view.
Question and answer
What are the differences among valuation, depreciation, amortization, and depletion? Is it appropriate to calculate depreciation using two different methods? Why?
Depreciation, Depletion and Amortization: Learning Objectives: What is the difference among depreciation, depletion, [ and amortization. Depreciation: The term depreciation is used with reference to tangible fixed assets because the permanent continuing and gradual fall in book value is possible only in the case of fixed asset. Depletion: The term depletion is used for the depreciation of
wasting assets such as mines, oil wells, timber trees etc. Amortization The term amortization is used in respect of intangible assets like patents, copyrights, leasehold and goodwill which are recorded at cost. Some intangible assets have limited useful life and are, therefore, written off. The process of their writing off is called amortization. ]
Expert answered|OneRepublic|Points 305|
Question
Asked 2/8/2012 5:53:28 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What happens to your customers if you do not offer credit? Is there an advantage to doing it? If so, what?
Weegy: If they are not really helped by the service that we gave them, we should give our customers credit if they are asking for it . Not giving credit when customer is asking for it might send a negative feedback to the company. [ The advantage of giving credit is to make the company truthful and efficient with the service that they offer to the public. ] (More)
Question
Expert Answered
Asked 2/2/2012 6:13:31 AM
0 Answers/Comments
How do we estimate how much we have to record to account for the fact that some client will not end up paying? What would happen to our business if we stopped offering credit and everything became cash and carry
Weegy: just estimate on how much you can give to your client or how much do you think the client can pay. according to his/her capacity to pay. if you stop offering credit your business get slow,because all people want credit. (More)
Question
Expert Answered
Asked 2/2/2012 6:49:41 AM
0 Answers/Comments
the standard, but what is the rule for right offs? How does this affect the direct write off method
Weegy: The term write-off describes a reduction in recognized value. In accounting terminology, it refers to recognition of the reduced or zero value of an asset. [ In income tax statements, it refers to a reduction of taxable income as recognition of certain expenses required to produce the income. Write-off is also used in vehicle insurance to describe a vehicle which is cheaper to replace than to repair, sometimes colloquially referred to as being "totaled" (a total loss). ] (More)
Question
Expert Answered
Asked 2/3/2012 4:31:36 AM
0 Answers/Comments
Which depreciation method provides you the highest depreciation expense in the first year? Why?
Weegy: Accelerated method or double declining method of depreciation provides relatively large amounts of depreciation in the early years of use and correspondinly reduced amount in the later years. *Why? Due to increasingly pace of invention of new [ products is making obsolescence factor of much greater than physical deterioration. [smile] ] (More)
Question
Expert Answered
Asked 2/8/2012 6:06:23 PM
0 Answers/Comments
27,017,348 questions answered
Popular Conversations
emotive language
Weegy: Emotive language is language that arouses the emotions, such as that used in sensational newspaper headlines. ...
2/22/2017 7:31:53 AM| 3 Answers
What was the Bay of Pigs? A. an American military base in Puerto ...
Weegy: The Bay of Pigs is a failed attempt by the U.S. to invade Cuba and overthrow the communist Castro regime. ...
2/21/2017 7:28:35 AM| 2 Answers
Finish this famous quote, "If you were going to give rock-and-roll ...
Weegy: If you were going to give rock n' roll another name, you might call it "Chuck Berry." User: Which of ...
2/21/2017 2:15:20 PM| 2 Answers
Jose is applying for a new job. In preparation, he ...
Weegy: c User: The range that people consider to be comfortable distance is often determined ...
2/21/2017 2:16:32 PM| 2 Answers
In 1949, the Communists won control of mainland China and established ...
Weegy: In 1949, the Communists won control of mainland China and established the People's Republic of China under Mao ...
2/21/2017 3:34:28 PM| 2 Answers
Solve 1 – 2x – 1 = –10. A. x = –9 B. x = 5 C. x = 9 D. No ...
Weegy: 8x + 10 = 2x - 8; 8x - 2x = -8 - 10; 6x = -18; x= -18/6; x = -3. The answer is A. x = -3
2/22/2017 9:01:03 AM| 2 Answers
What is the currency of the United ...
2/22/2017 10:41:35 AM| 2 Answers
Weegy Stuff
S
P
P
L
Points 403 [Total 1172] Ratings 2 Comments 383 Invitations 0 Offline
S
P
P
L
P
P
Points 322 [Total 2296] Ratings 1 Comments 312 Invitations 0 Offline
S
P
P
L
P
Points 226 [Total 1440] Ratings 0 Comments 226 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
Points 12 [Total 112] Ratings 1 Comments 2 Invitations 0 Offline
S
Points 12 [Total 22] Ratings 1 Comments 2 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Online
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.