The practice which allowed to charge a portion of the company's cost during its useful life against the profits its generates is known as depreciation.
Depreciation refers to the reduction of the recorded cost of a fixed asset in a systematic manner because of factors like use, wear, tear, obsolescence etc.
The depreciation of the Fixed asset is accounted for in financial accounting by charging the portion of the company's cost during its useful life against the profits its generates.
In conclusion, the practice described in the question is known as depreciation.
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Answer:
Brain function
Explanation:
A number of different things can happen but mostly the brain function
It does not look like business question. I guess it's about databases, so next time post it in Computer and Technology section. Anyway, I know the answer: The sort cache is used as a temporary storage area for ORDER BY or GROUP BY operations, as well as for index-creation functions. Cache allows to load data faster as this data is stored in the storage and doesn't need to be downloaded.
Answer:
The answer is C.
Explanation:
The year is 360 days.
Annual rate is 9%
Therefore, interest rare for the 120-day is 3%[(120/360) x 9%]
So, the interest on the rate is:
3% x $20,000
$600.
The total amount collected from Dark Co. will be principal + interest
$20,000 + $600 = $20,600
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have:
Dr Cash $20,600
Cr: Receivable $20,000
Cr: Interest Revenue $600.
Answer: 17 points
Explanation:
The Opportunity cost in this case is the amount of points that Jose has to forgo for picking one alternative.
If Joe had picked strategy B which would give Jose 90 points on statistics then that means that Jose would not have picked strategy A which gave a 94 in Economics.
Therefore instead of getting a 94, Jose would get a 77. The opportunity cost is therefore;
= 94 - 77
= 17 points