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Computers are a capital asset as they have a life period of more then a single year. For the purposes of your accountant you should decide how long you will keep the computer for to deal with it properly. Please note that it is treated different for tax purposes. I am a bookkeeper and therefore DO NOT offer tax advice. Therefore if you decide you are going to keep the computer for 4 years and it has no scrap value at the end of the 4 years and it cost £600 to start off with you would split the £600 depreciation through the 4 years and charge £150 to the depreciation account each accounting year. You would then charge an extra £150 to the credit side of the balance sheet each accounting year. Therefore in year 2 your would charge £150dr to the depreciation account and an extra £150cr to the Computers: accumalated depreciation account bringing it to a total of £300. Your balance sheet figure for this example would be the original cost minus the depreciation cost bringing the value of the capital asset to £300 (600 - 300) If you need a specific answer for your situation pelase e-mail me jonathanharker2006@Yahoo.co.uk if you need a bookkeeper please contact me. You can also contact me through my mobile: 07988136493. Hope thi helps, Jonathan
What else can I help you with?
Do you capitalize credit card if its alone in a sentence?
No
Do you capitalize freight charges on equipment?
No. Freight charges are an expense item.
Should credit union be capitalized?
If you are referring to credit unions in general you do not need to capitalize the term. If you are referring to a particular credit union, say the Burbank Credit Union, then you should capitalize each word.
When is best time to buy Mutual funds to capitalize on annual dividends?
Around January and February of every year is the best time if you want to capitalize on the dividend payouts. Most MF houses will pay dividends during March and April of the year.
Why are computers important today?
People need computers so they can help them research important thesis
Do you italicize name of a business?
No you don't. You just capitalize it or format it in the way it the corporation presents it. For example: Apple computers, iPhone 5.
Do you capitalize mother?
no, but you do capitalize mum
Do you capitalize drama?
No, you do not capitalize the word drama.
Do you capitalize the a in America?
You capitalize the first A but not the last a.
What are 7 capitalization rules?
Capitalize the first word in a sentence. Capitalize proper nouns, such as the names of people and places. Capitalize the pronoun "I." Capitalize the first word of a quote. Capitalize days of the week, months, and holidays. Capitalize the titles of books, movies, and songs. Capitalize the first, last, and important words in titles.
Do you capitalize the roaring twenties?
do you capitalize roaring twenties
Do you capitalize the word planetarium?
do you capitalize the word protestant
What do you capitalize in-- they were talking about the huntington sisters?
You capitalize Huntington
When do you capitalize challah bread?
Capitalize challah bread
Should you capitalize cotton gin?
You would not capitalize it. cotton gin
How would you capitalize the letters in a references list in APA style?
In APA style, capitalize the first letter of the first word of the title, as well as the first letter of any proper nouns in the title. For journal articles, capitalize the first letter of the first word of the title, the first letter of the first word of the subtitle (if present), and any proper nouns in the title. All other words in the title should be in lowercase.
Do you always capitalize 'Cuban'?
Yes, you always capitalize "Cuban."
