Does the recognition of depreciation in the accounts provide a special cash fund for the replacement of fixed assets?

Q: Explain Intangible Assets Not Subject to Amortization.

A: Intangible assets are those assets that represent some rights and privileges associated with owning…

Q: How was the depreciation for fix assets calculated?

A: Deprecaition Expenses There are different method which are used to calculate the deprecation of the…

Q: for information on MACRS depreciation.) What is the required net investment, and what are the year 1…

A: Net Investment= Cost of equipment  + freight and installation cost= 900000+100000=1000000 The net…

Q: What factors affect the interest rate used to discount the cash flow expected from a financial asset

A: the interest rate that is used to discount the cashflow expected from a financial asset is nothing…

Q: reason that depreciation is a source of cash inflow is because

A: Any fixed asset purchased has a fixed life throughout which it has to be used. Over the course of…

Q: Which of the following is an example of a cash outflow from a financing activity? a. Payment of…

A: Financing Activity is associated with the procurement and payment of funds. Outflow means payment of…

Q: This depreciation method assumes that a sinking fund is established in which funds will accumulate…

A: Depreciation is a systematic allocation of the cost of an asset throughout it's useful life.

Q: Directions: Read and analyze the following standards and answer what is required.  Required: Write…

A: Intangible assets - An immaterial resource is a resource that isn't physical in nature. Generosity,…

Q: Match the cash expenditures given below with the appropriate accounting treatment. An individual…

A: Given are some transactions for which we have to specify the correct treatment.

Q: Compare and contrast amortization of intangible assets with depreciation and depletion.

A:

Q: A general description of the depreciation methods applicable to major classes of depreciable assets?

A: Depreciation is the allocation of cost of the asset over the useful life of the asset. Depreciation…

Q: Match the cash expenditures given below with the appropriate accounting treatment. An individual…

A: Expenditures: The Expenditures are the way of spending money on something, or the money that is…

Q: epayment of grant related to an asset?

A: The asset is an economic resource that a corporation or business entity owned for its economic…

Q: Amortization of the cost of an intangible asset will most like affect which activity of the…

A: Amortization of an intangible asset does not result in any cash flow (receipt or payment).

Q: A credit to _____ is necessary upon the receipt of property assessments when the special assessment…

A: Journal entry be If special assessment receivables are recorded in the accounts of a custodial fund…

Q: What category in the statement of cash flows is used when reporting cash spent on long-lived assets,…

A: Statement of cash flow : It consists of three activities which is operating activity, investing…

Q: Does the balance in the Accumulated Depreciation— Machinery account represent funds to replace the…

A: When every year depreciation is charged on fixed assets, then accumulated depreciation is credited…

Q: Write the definition, recognition, measurement and derecognition  for the following:   Intangible…

A: International Financial Reporting Standards, generally called IFRS, are the accounting standards…

Q: Prepare the journal entries to allocate any gain or loss due to the sale of assets, and to record…

A: The partnership comes into existence when two or more persons agree to do the business and share…

Q: Which of the following transactions is revenue expenditure? A Expenditure resulting in improvements…

A: We have the following heads Expenditure resulting in improvements to property Expenditure on heat…

Q: Explain the difference between depreciation, depletion, and amortization.

A: Depreciation - Depreciation is the wear and tear of fixed assets due to use, effluxion of time, and…

Q: When intially recognizing the cash surrender value, what is the reason behind the allocation between…

A: Matching Principle Concept-:Matching precept is the accounting belief that compels that the…

Q: As compared to capitalizing a cash expenditure, what is the initial effect on asset turnover of…

A: Asset Turnover = Sales / Average Total Assets Average Total Assets = (Beginning Total Assets +…

Q: -Select- assets include the rights established by law or contract to the future use of property…

A: According to the IFRS, intangible assets are identifiable, non-monetary assets without physical…

Q: One of the basic techniques used in evaluating after-tax operating cash flows is to Select one: a.…

A: The Net Income is calculated as the difference of the Revenues and Expenses , while calculating the…

Q: Which classification of the cash flow arising from the proceeds from an earthquake disaster…

A: Cash flow statement means the statement which shows the cash flow in or out of business enterprises…

Q: Describe the Amortization of Intangible Assets.

A:

Q: When initially recognizing the cash surrender value, what is the reason behind the allocation…

A: According to this principle of accounting, the revenues and expenses stated in the income statement…

Q: What is the purpose of amortisation? To allocate the cost of an intangible non-current asset…

A: Amortization and Depreciation are both terminology used in finance

Q: Why this project used the straight-line depreciation method? If sinking fund method is use, is it…

A: Depreciation is the term denoted to the condition of natural wear and tear of the assets due to…

Q: Explain the after-tax effect on cash of disposing of assets. Short answer please

A: Cash flows help the management to determine the NPV and evaluate any project based on their NPV.

Q: Provide a brief explanation of why depreciation of capital assets is considered in determining…

A: Capital assets are those assets which are held by the business for longer period of time.…

Q: . What is the amount of depreciation under cash basis?

A: Cash basis of accounting is one of the basis of accounting, under which all cash receipts are…

Q: what is the important difference in the acquisition and payment of long-lived assets compared to…

A: Assets are the resources owned by an entity for the purposes of using them for future or for…

Q: explain the purpose of a change fund   explain how cash short and over can be miscellaneous expense

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How would the acquisition of a building be reported on a statement of cash flows if purchased by…

A: Cash flow statement:   It is a financial statement prepared by an organization to report the inflow…

Q: Analyze the disposal of long-lived tangible assets.

A: The long-lived tangible assets are the fixed assets of the company.