jdsfdujfi1484 jdsfdujfi1484

25-02-2022
Business

contestada

A change in the estimated useful life and residual value of machinery in the current year is handled as:

Respuesta :

williamli5464 williamli5464

27-02-2022

Answer: change in accounting estimate

Explanation: a change in estimate can occur when the company change the estimate used to calculate depreciation. As such, it requires a prospective application accounting treatment meaning the affect of the change on depreciation is only for the current and future years only.

Answer Link

Otras preguntas

Fifteen pounds of mixed nuts sells for $7.32 per pound. The mixture is obtained from two kinds of nuts, peanuts priced at $5.70 per pound and cashews at $8.70 p

F(x)=x^2 2x-15. How would you find where f(x)>0 and where f(x)<0. Use interval notation.

A sample of a compound composed of only carbon and oxygen decomposes and produces 24.50 g of carbon and 32.59 g of oxygen. What is the empirical formula of the

A sample of a compound composed of only carbon and oxygen decomposes and produces 24.50 g of carbon and 32.59 g of oxygen. What is the empirical formula of the

the manner in which people tend to make sense of relationships through stories refers to a concept known as _________________.

What are possible motivators for pregnant women of Domestic Violence to get help?a. Concern for the safety and wellbeing of their unborn childb. Desire to break

Who has the right to disclose an electronic communication under the SCA?a. Any recipient of the communicationb. Any intended recipient of the communicationc. An

What are Professor Smith's obligations regarding the students? (A) He is legally obligated to pay the students $20 each as promised. (B) He is legally obligated

Solve each triangle. round your answers to the nearest tenth.

The nurse is working with Mr. Milner, a 55-year-old man who recently underwent a coronary artery bypass graft (CABG). He is taking furosemide and metoprolol fol