Project #44881 - DB4

Property, plant, and equipment (plant assets) generally represent a material portion of the total assets of most companies. Accounting for the acquisition and usage of such assets is therefore an important part of the financial reporting process.

 

A.    Distinguish between revenue and capital expenditures, and explain why this distinction is important.

B.     Briefly define deprecation as sued in accounting.

C.     Indentify the facto4rs that are relevant in determining the annual depreciation, and explain whether these factors are determined objectively or whether they are based on judgment.

D.    Explain why depreciation is shown as an adjustment to cash in the operations section on the statement of cash flows.

 

ØClear, logical flow to post 

Ø  Major points are stated clearly.

Ø  Textbook or articles No older than 3 years.

Ø  Schroeder, R. G., Clark, M. W., & Cathey, J. M. (2010). Financial accounting theory and analysis: Test readings and cases (10th ed.).Hoboken, NJ: John Wiley & Sons. ISBN: 978-0-470-64628-1.

Ø  You must use at least one verso of the Bible

Ø  Good examples (pertinent conceptual or personal examples are acceptable)

Ø  Thoughtful analysis (considering assumptions, analyzing implications, comparing/contrasting concepts)

Ø  Spelling & grammar

ØWord count 400

Subject Business
Due By (Pacific Time) 10/28/2014 12:00 am
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