1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
3 years ago
9

Depreciation is the accountant's estimate of the cost of ______ used in the production process matched with the benefits produce

d from owning it.
Business
1 answer:
faust18 [17]3 years ago
4 0

Answer:

Fixed assets and equipment

Explanation:

Depreciation is the accountant's estimate of the cost of fixed assets and equipment used in the production process matched with the benefits produced from owning it.

It is the decrease in the value of assets and the method used to reallocate the cost of asset over its useful life span.

Assets can be categorized as :

1. Current

2. Fixed

3. Tangible

4. Intangible assets.

In accounting, there are several standard methods of computing depreciation expense:

1. Fixed percentage

2. Straight line

3. Declining balance methods.

You might be interested in
Describe the typical costs of a retiree. HURRY!!!!!! HURRY!!!!!HURRY!!!!!!!!
djverab [1.8K]
Hello there,

A typical cost of a retirement would be the following:

Perhaps the "Car of the year".

Smaller House/Smaller apartment.

Hope this helps.

~Jurgen


3 0
4 years ago
Read 2 more answers
to have ____ advantage means to be able to produce more using the same resources. To have _____ advantage means to have a lower
Anestetic [448]

Answer:

Absolute, Comparative, Opportunity cost, Gains of trade, Not possible

Explanation:

The terms that will be filled in these blanks are economic terms that are used often in the business. The completed sentences have been written below -

  • To have absolute advantage means to be able to produce more using the same resources.
  • To have comparative advantage means to have a lower opportunity cost.
  • Comparative advantage is the basis for gains of trade.
  • It is not possible for one producer to have a comparative advantage for every good.
3 0
3 years ago
What is the name of the law that states that as we shift factors of production from making one good or service to another, the c
Umnica [9.8K]
I did some research and found out it is the law of increasing costs
:)
4 0
3 years ago
Read 2 more answers
You've borrowed $20,500 on margin to buy shares in disney, which is now selling at $41 per share. your account starts at the ini
il63 [147K]
2,207.1 + 37.50 = 2,244.6
5 0
3 years ago
The group of accounting educators who offer their opinions about proposed FASB statements, after research has been done to deter
sasho [114]

Answer:

.D. the AAA.

Explanation:

The American Accounting Association (AAA) is a global accounting education, analysis and practice excellence organization. It is a voluntary group of people with a passion in research and education in accounting.

4 0
3 years ago
Other questions:
  • 7. Goop Inc. needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally di
    5·1 answer
  • General motors’ stand against apartheid in south africa was based upon what came to be known as _____. the human rights moveme
    5·1 answer
  • When a homeowner visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials total
    15·1 answer
  • LO 4.3From beginning to end, place these items in the order of the flow of goods.
    9·1 answer
  • The stockholders’ equity section of Montel Company’s balance sheet follows. Preferred stock—5% cumulative, $10 par value, 16,000
    6·1 answer
  • Your org's corporate currency:_______.
    9·1 answer
  • 1.) Ocean City Kite Company manufactures & sells kites for $6.50 each. The variable cost per kite is $3.50 with the current
    10·1 answer
  • 1. I tend to be critical of others?
    6·1 answer
  • What accounts for the increase in operating support when an independent business expands by becoming a franchisor?
    6·1 answer
  • How to obtain finacial literarcy?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!