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What is the recordable cost of a plant asset?
The record able cost of a plant asset is most likely the cost of the plant asset at acquisition. This would include equipment costs, training of employees, sales taxes, freight costs, and the like.
Is it true that the original cost of a plant asset includes only the amount paid the vendor for the plant asset?
It is the amount of time it takes for you to cause an erect plant to ejaculate. You do not count the time where the plant is flaccid. You begin counting the cost of the asset once it has become erect.
Dfine the cost of plant assets?
The cost of plant assets, also known as property, plant, and equipment (PP&E), includes all expenditures necessary to acquire the asset and prepare it for its intended use. This encompasses the purchase price, shipping and handling fees, installation costs, and any other expenses directly related to bringing the asset to operational condition. Additionally, costs for improvements or upgrades that extend the asset's useful life may also be included. However, routine maintenance and repairs are typically expensed as incurred and not capitalized as part of the asset’s cost.
When a plant asset is acquired by issuance of common stock the cost of the plant asset is properly measured by the?
Type your answer here... par value of the stock
Is depreciation included as a cash flow in capital budgeting?
No depreciation is not included as depreciation is allocation of part of assets cost to income statement while in capital budgeting, full cost of asset is already included so if depreciation will also be included then there would be double counting of same asset.
Interest may be included in the acquisition cost of a plant asset?
yes
What is the real asset?
Plant Assets are included in this.
What is the recordable cost of a plant asset?
The record able cost of a plant asset is most likely the cost of the plant asset at acquisition. This would include equipment costs, training of employees, sales taxes, freight costs, and the like.
Is it true that the original cost of a plant asset includes only the amount paid the vendor for the plant asset?
It is the amount of time it takes for you to cause an erect plant to ejaculate. You do not count the time where the plant is flaccid. You begin counting the cost of the asset once it has become erect.
Dfine the cost of plant assets?
The cost of plant assets, also known as property, plant, and equipment (PP&E), includes all expenditures necessary to acquire the asset and prepare it for its intended use. This encompasses the purchase price, shipping and handling fees, installation costs, and any other expenses directly related to bringing the asset to operational condition. Additionally, costs for improvements or upgrades that extend the asset's useful life may also be included. However, routine maintenance and repairs are typically expensed as incurred and not capitalized as part of the asset’s cost.
When a plant asset is acquired by issuance of common stock the cost of the plant asset is properly measured by the?
Type your answer here... par value of the stock
Is depreciation included as a cash flow in capital budgeting?
No depreciation is not included as depreciation is allocation of part of assets cost to income statement while in capital budgeting, full cost of asset is already included so if depreciation will also be included then there would be double counting of same asset.
What is a plant asset on the balance sheet?
Plant asset is the machinery asset which a business use to make units of products for selling purpose to generate revenue for business.
What is the term applied to the periodic expiration of a plant asset's cost?
Amortization
What is depreciation and why is it included in the balance sheet?
Depreciation is allocation of fixed asset cost to income statement of useful life of asset that's why shown as reduction in fixed asset value.
How do you capitalize auto taxes paid?
The amount of auto taxes would be included in the cost of the auto as a part of the cost basis of the capital asset.
Is accounts receivable a liability?
included in the cost of a plant assets
