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When you rendered services on account what accound do you debit?
If you render a service n account to a customer you debit Account Receivable and credit Service Revenue.
Account depreciation reducing balance method find how to rate?
rate = 1 - (n * by the square root of R /C) * 100% Where: n = the number of years of useful life of the asset - R= the estimated residual value of the asset C= the cost of the asset
What is the difference between long term and short term costs?
long term cost is which is incurred toacquire an asset and that figure is capitalise in Balance Sheet, while short term cost is paid for running and operational expenses, which is shown in Profit n Loss Account.
What is formula for reducing balance method of depreciation?
The formula for reducing balance method of depreciation is r = 1 - (S/C)1/n. The r stands for rate of depreciation, n stands for estimated useful life of asset, S stands for residual value after the expiry of useful life, and C stands for the original cost of asset.
How many days must n account be delinquent before the GTCC vender informs a cardholder that the account may be referred for Salary Offset?
90 days
When you rendered services on account what accound do you debit?
If you render a service n account to a customer you debit Account Receivable and credit Service Revenue.
Account depreciation reducing balance method find how to rate?
rate = 1 - (n * by the square root of R /C) * 100% Where: n = the number of years of useful life of the asset - R= the estimated residual value of the asset C= the cost of the asset
Is purchase of fixed asset recorded in income n expenditure account?
Not normally. In certain cases, a company might have a "capitalization" minimum so that anything purchased below a certain price would be expensed (for example, a $10 trash can). But, in general, if an item meets the definition of a fixed asset and is above the capitalization threshold, the "purchase" would be capitalized (recorded on the balance sheet as an asset), then depreciated over its useful life. The depreciation process would record depreciation expense (debit) and reduce the value of the asset (credit).
What services do Checkngo offer?
The company named Check N Go offers pay day loan services, as well as installment loans, check cashing services, title loans, and a prepaid debit card for account holders to have a paycheck directly deposited in the prepaid account.
What hemisphere is 30 degrees N and 45 deegrees W?
The ' N ' in the latitude indicates the Northern hemisphere,and the ' W ' in the longitude indicates the Western one.
Do you capitalize the letter c and a in capital asset?
No, except at the beginning of a sentence because it is n ot a proper n ou n.
How do you calculate depreciation using Written Down Value Method?
To calculate depreciation using the Written Down Value method, you start with the initial cost of the asset, subtract the accumulated depreciation from previous periods, then apply the depreciation rate to the remaining value. The formula is: Depreciation expense = (Beginning book value - Salvage value) x Depreciation rate. This method allows for higher depreciation expenses in the early years of an asset's life.
A pH of 2 indicates a(n)?
It is an acidic solution.
A pH of 2 indicates a(n) .?
It is an acidic solution.
Full form of N A V?
Net Asset Value
What has the author N W Bowie written?
N. W. Bowie has written: 'Asset valuations' -- subject(s): Corporations, Valuation
What is the significance of energy meter constant?
the value 'n' of meter constant indicates that consumption of energy is n KWh.
