Summary

In week single some of the things that I well-read closely are the direct write off manner, accounts receivables, outstanding and revenue enhancement exp give the sackitures. The direct write off method is when a companionship takes someones bad debt and writes it off. This in the end pass on affect a political party beca hold now they carry wasted their time difficult to recover their money and therefore in the end they arrogatet get it. consequently I learned about accounts receivables. This is basically something that every company needs because it is going to sight what a company go forth owe to you or what you will owe to a company. so there are peachy and revenue expenditures. The difference surrounded by the two is that revenue expenditures is something that maintains a plants assets and capital expenditures us are expenses that are utilize to improve the plant asset. calendar week one boilersuit was very informative and a great refresher. Weeks 2 we re acquiring more into military rank, depreciation, amortization, depletion and unearned revenue. There are unless limited companies that perk up unearned revenue.

What unearned revenue is when a company takes money from someone but that person has not yet authentic their product. Then there is depreciation, amortization, valuation and depletion. disparagement is the decrease in value due to wear and tear, amortization is an intangible asset that is written off over a period of time, valuation is considering assets for financial purposes, and depletion is a method that companies use to distribute the bell of natural resources that is used for tax purposes. Week 2 was also very inf ormative and I am looking introductory to w! hat more we will learn in the following weeks.If you motivation to get a full essay, point it on our website: OrderEssay.net

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