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Large start up costs, can they be capitalized
Can start up costs associated with getting a new location up and running within your business be capitalized even though they are non-capital items?
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What is Depreciation?
Depreciation is the decrease in the value of an asset due to wear & tear, obsolscense, laps of time.
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Can a rental expense for equipment be treated as Construction in Progress?
Example, building an expansion of building , but need to rental an equipment to complete this project.
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Calculation of Fixed Assets
How can we made calculation of Fixed Assets?
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Nature and accounting treatment for fixed asset
Explain the nature and accounting treatment for fixed asset.
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Type of Depreciation
What type of depreciation is calculated for cold mines ?
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Do we depreciate Paintings and Antiques?
If we do why it would not appreciate in value?
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Transfer an asset
How to transfer asset work in progress to capital ?
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Depreciation methods
I need simple example for all depreciation methods.Thank you so muchYousry NasrEmail yousrynasr@hotmail.com
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Pass the correspondence Book entry
Company purchase one car on 01/01/2008, one new accounting package, and paid audit service charges. The cost of car is 20,000.00, accounting software is 6000.00 and audit fee is 3000.00 estimated depreciation is for tangible assets is 10 years and for intangible is 3 years. Pass the correspondence Book entry
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Financial Management
A company has current assets of $3 million. The company's current ratio is 1.5 and it's quick ratio is 1.0. What amount of current liabilities does the company have? What amount of the company's current assets is represented by inventory?
Fixed Assets Interview Questions
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