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Is depreciation a non operating expense?
28.04.2012 depreciation is part of operating expenses Popoola
Is it customary for the depreciation expense account and the accumulated depreciation account to be equal?
No. Accumulated depreciation is depreciation accumulated every year and it will only increase and won't decrease. Depreciation expenses is incurred every year.
What is secondary expenses?
Secondary expenses refer to additional costs that arise as a consequence of primary expenses or activities. These can include indirect costs such as maintenance, utilities, or administrative expenses that support the main operations but are not directly tied to the production of goods or services. Understanding secondary expenses is essential for accurate budgeting and financial analysis, as they can significantly impact overall profitability.
What is the impact of missing a depreciation journal entry o a financial statement?
Missing depreciation will increase the profit while reduce the expenses in the year in which depreciation is missing.
What effect do mortgage expenses and depreciation have on Net Operating Income?
Mortgage expenses do not directly affect Net Operating Income (NOI) since NOI is calculated before financing costs, focusing solely on the income generated from operations minus operating expenses. However, depreciation, as a non-cash expense, can reduce taxable income but does not impact NOI itself. Therefore, while both factors are important in the overall financial analysis, only operating revenues and expenses influence NOI directly.
Why accumulated depreciation exceed depreciation expense?
Depreciation expenses is for one specific fiscal year while accumulated depreciation is the sum of all depreciation expenses that’s why accumulated depreciation exceeds the depreciation if there is depreciation expense in prior year as well.
How are accumulated depreciation and depreciation related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
How are accumulated depreciation and depreciation expensese related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
Is depreciation expenses a non-cash expense?
is depreciation expense a non-cash expense
Is depreciation a non operating expense?
28.04.2012 depreciation is part of operating expenses Popoola
What budgeting option is best used only with limited resources and expenses?
Mental Budgeting
Prepaid expenses depreciation accrued expenses unearned revenues and accrued revenues are all examples of?
Prepaid expenses, depreciation, accrued expenses, unearned revenues, and accrued revenues are all examples of
What is sound budgeting?
Budgeting that determines the costs and expenses put towards sound. whatever that may be.
Should depreciation expenses be reported in retained earnings?
no
Is it customary for the depreciation expense account and the accumulated depreciation account to be equal?
No. Accumulated depreciation is depreciation accumulated every year and it will only increase and won't decrease. Depreciation expenses is incurred every year.
What is secondary expenses?
Secondary expenses refer to additional costs that arise as a consequence of primary expenses or activities. These can include indirect costs such as maintenance, utilities, or administrative expenses that support the main operations but are not directly tied to the production of goods or services. Understanding secondary expenses is essential for accurate budgeting and financial analysis, as they can significantly impact overall profitability.
Does EBIT include depreciation and amortization expenses?
No it doesn't include
