When you use up a resource it is recored in what element on a blance sheet?
When you use up a resource it is recored in what element on a blance sheet?
Homework Answers
There are three elements in a balance sheet – Assets, liabilities, and owners’ equity. Assets are all sorts of resources which give future benefits; like plant and machinery, cash, accounts receivable, etc.
A balance sheet must satisfy the following equation:
Assets = Liabilities + Owners’ equity
If a resource is used up it should be considered as an asset.
Suppose cash is used to purchase machinery; therefore, the amount should be subtracted from cash and should be added under plant and machinery; it indicates recording in the assets side.
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When you use up a resource it is recored in what element on a
blance sheet?
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you.
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Please answer all parts to the question. when will the element be reduced to a minimum...
Please answer all parts to the question.
when will the element be reduced to a minimum (in months) and what
is the minimum percent? I will give thumbs up if you complete the
whole question
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Please include all working, i'll give a thumbs up. Thank
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Please answer all parts to the question.
when will the element be reduced to a minimum (in months) and what
is the minimum percent? I will give thumbs up if you complete the
whole question
A marshy region used for agricultural drainage has become contaminated with a particular element. It has been determined that flushing the area with clean water will reduce the element for a while, but it will then begin to build up again. A biologist has found...
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