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When an accountant allocates the price of a piece of equipment over a period of time this is called?
Wiki User
∙ 14y ago
Depreciation
Wiki User
∙ 14y ago
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A 12-month accounting period is called a?
a 12 month period is called a fiscal year, there is also a natural year.
What is The Effective Interest Rate On Lease Arrangement?
As the equipment lease arrangement is not a loan, there's no interest rate. You're paying rental for the use of the equipment over a pre-determined period. You aren't repaying a loan.
What is the thing you hope to achieve in a period of time called?
This would be called a "goal".
Meaning of capital expenditures?
Capital expenditure means an amount spent to acquire or upgrade productive assets (such as buildings, machinery and equipment, vehicles) in order to increase the capacity or efficiency of a company for more than one accounting period. Also called capital spending.
What are payments over a period of time called?
installments
What principal allocates expenses to revenues in the proper period?
Matching Principal
Is factory equipment product or period cost?
It is period cost
Make a sentence with a word depreciation?
The accountant calculated the depreciation of the computer over a period of five years.
Is rent on equipment period or product cost?
If equipment is still kept whether production done or not then it is period cost as no matter production done or not it has to be paid.
How do activity-based costing and the traditional cost system treat idle capacity costs differently?
Traditional costing system allocates the idle capacity cost to completed units while activity based costing only allocates the cost of capacity which is utilized while remaining capacity is expensed to income statement as period cost.
Is depreciation of administrative equipment product cost or period cost?
Depreciation of administrative equipment is period cost because if production is done or not those assets will be depreciated hence cost will be charged as period cost.
Is depreciation on office equipment classified as a period cost or product cost?
period cost
What is the estimated period that a computer equipment is used to the owner?
5-10years
List equipment that travelers will need to bring on their journey to the permian period?
..
A horizontal row of elements on the periodic table is called?
The horizontal rows of the periodic table are called Periods and the vertical rows are called groups.
What was the period after the fall of Rome called?
The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.The period after the fall of Rome in the west is called the Dark Ages.
What is the period between called?
period
