Journal of Accountancy, Հատոր 5 |
From inside the book
Արդյունքներ 61–ի 6-ից 10-ը:
Էջ 191
It was formerly customary to credit the asset account with the amount written off ,
and some English authors still maintain that this method is preferable to creating
a reserve . The best authorities of both England and the United States , however
...
It was formerly customary to credit the asset account with the amount written off ,
and some English authors still maintain that this method is preferable to creating
a reserve . The best authorities of both England and the United States , however
...
Էջ 192
The amount to be accumulated as a reserve should be the difference between
the actual cost of the asset and the estimated break - up value when discarded ,
which sum is thereupon spread over the years of life of the asset . There are ...
The amount to be accumulated as a reserve should be the difference between
the actual cost of the asset and the estimated break - up value when discarded ,
which sum is thereupon spread over the years of life of the asset . There are ...
Էջ 193
However , the “ Sinking Fund Method ” may be employed as supplemental to
either of the other plans proposed , if desired , the amount of the reserve being
invested , in order that the sum may be available when needed . When the
amount ...
However , the “ Sinking Fund Method ” may be employed as supplemental to
either of the other plans proposed , if desired , the amount of the reserve being
invested , in order that the sum may be available when needed . When the
amount ...
Էջ 195
The amount of depreciation is fixed , but as the reserve grows the interest charge
decreases , being applied to the remainder . The matter is carried even further by
the English , a sinking fund being created and charged against the asset , in ...
The amount of depreciation is fixed , but as the reserve grows the interest charge
decreases , being applied to the remainder . The matter is carried even further by
the English , a sinking fund being created and charged against the asset , in ...
Էջ 198
In creating a reserve in the manner suggested , it should be termed Personal
Property Depreciation Reserve as distinguished from Plant Depreciation Reserve
, for the reason that the former will be subject to annual adjustment while the
latter ...
In creating a reserve in the manner suggested , it should be termed Personal
Property Depreciation Reserve as distinguished from Plant Depreciation Reserve
, for the reason that the former will be subject to annual adjustment while the
latter ...
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Common terms and phrases
American Association amount annual application assets Association audit balance bank Board bonds called capital carried cash cent Certified Public Accountants charges City coal Committee companies considered contains corporation cost course currency deposit depreciation desirable effect examination expenses fact Fund give given Government hand held important income increase institutions interest inventory investment issue keep less liabilities loss manufacturing matter means meeting methods months necessary notes operation organization person possible practice prepared present President principles production profession professional profit proper purchase question reason received record represented reserve result rule School securities selling Society speculation standard statement tion trade transactions Trustees United University York