This site uses cookies. If you continue to browse the site, we shall assume that you accept the use of cookies.
Big Brother and online Hunger games.
CocoVanderbilt

CocoVanderbilt's blogBlog

  1. 13 Going on 30
  2. gonna burn this goddamn house right down
  3. Saltburn.
  4. it's the murder on the dancefloor scene
  5. 2023: Horror Movies Ranked
  6. Happy New Year:)
  7. I'm obsessed with the trailer of
  8. bodies bodies bodies.
  9. My powers might not last, Chloe
  10. No title
  11. DAMN YOU CHAD!!!!!!!!!!!!!
  12. Ranking Tengagers I met
  13. DAMN U CHAD
  14. my friend is using my netflix account
  15. finally on my new pc <33
  16. It’s shocking how
  17. Survivor Michigan
  18. Mood (pic)
  19. i wanna play 1 more hunger this year
  20. Hex: Devour of Hope
  21. ...
  22. Updated Game Revenge List
  23. Prue Halliwell
  24. 6th 4th 4th 2nd 2nd 2nd 2nd 2nd WINNER.
  25. LMAO WE LOVE THE AD
  26. Tyler has turned to the dark side
  27. Hello, my name is jevyjane
  28. Apply to my random.org Traitors
  29. The Traitors Tengaged Season 2 PYN
  30. Spotify Wrapped
  31. The Traitors Tengaged S1: Results
  32. go and watch Survivor Michigan Gen 2
  33. Has it ever happened
  34. Wtf i was walking to the subway
  35. we won
  36. not my traitors pyn blog
  37. No title
  38. The Traitors Tengaged Season 1 PYN
  39. People who ruin charities
  40. Scream 7

accounting question

Apr 16, 2021 by CocoVanderbilt
Recording the cost of annual maintenance by debiting the manufacturing machines account(SOFP) at cost would result in:
over/understatement of noncurrent assets AND over or understatement of profit??

which one is the correct? i think overstatement of non-current assets and understatement of profit

Comments

I don't know anything about accounting but I'm going to go with overstatement of profit, pls let me know if I'm right
Sent by Answerable,Apr 16, 2021
I agree i would think an expense would have to be debited
Sent by mikec51,Apr 16, 2021
++
Sent by Andrea15,Apr 16, 2021
answerable mikec51 andrea15 so i managed to find the answer and i was right.
by debiting an expense you basically overstate the NCA and by overstating the NCA, you understate the profit
ty for your comments:)
Sent by CocoVanderbilt,Apr 16, 2021

Leave a comment

Login to add comments