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Lapatulllka [165]
2 years ago
12

The net amount of property, plant, and equipment reported in the balance sheet generally is equal to:_________

Business
1 answer:
BartSMP [9]2 years ago
8 0

The net quantity of property, plant, and equipment suggested in the balance sheet normally is equal to capital expenditures.

A capital expenditure  is cash  invested via a agency to gather or upgrade fixed, physical, non-consumable assets, such as a building, a computer or a new business.

<h3>What are capital expenditures examples?</h3>

Also acknowledged as  capital expenses, capital bills include the buy of objects such as new equipment, machinery, land, plant, buildings or warehouses, furnishings and fixtures, business vehicles, software, or intangible belongings such as a patent or license.

Learn more about capital expenditures here:

<h3>brainly.com/question/21976414</h3><h3 /><h3>#SPJ4</h3>
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<u>Record the issuance of note. </u>

November 1, 2021

Dr.   Cash                   46000

Cr.   Note Payable     46000

<u>Record the adjustment for interest.</u>

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Dr.   Interest Expense    460

Cr.   Interest Payable     460

(46000*6%)*3/12 = 460

<u>Record the repayment of the note at maturity</u>

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Dr.   Interest Payable     460

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