$90.00
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The normal method is listing checks in a checking register.
Cash method of accounting is that method in which all transactions are recorded in books of accounts when actual cash is received or paid .
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What if what?Just like any other period, the percentage amount attributable to being completed in the period is recorded.
Under the allowance method bad debt expenses are charged to allowance for bad debts accounts instead of profit and loss account because profit and loss account is already charged with the allowance amount created.
Look at the examples in highlighted text in the passage. Which example shows the Socratic teaching method Plato recorded?
Look at the examples in highlighted text in the passage. Which example shows the Socratic teaching method Plato recorded?
book value method
written down value method is better
The sum-of-the-year digits method is an accelerated depreciation method that allocates a larger portion of the asset's cost to the early years of its useful life, while the straight-line method evenly distributes the depreciation expense over the asset's useful life. As a result, the sum-of-the-year digits method results in higher depreciation expense in the earlier years and lower depreciation expense in the later years compared to the straight-line method.
Under written down balance method depreciation is charged from original value and after that on written down balance until useful life of asset and any amount remaining at the end of useful life is the salvage value.