There is a number of different methods accountants can use to calculate depreciation of Fixed Assets in Balance Sheet. Straight-Line Method. Reducing Balance Method.
Posts tagged as “accountants”
Businesses usually have two types of spending such as Revenue Expenditure and Capital Expenditure. Here is how to correctly record these two types of spending.
Let’s take a look at very basic foundations of the accounting practice. It is important for accountants to follow the same accounting principles.
There are two major types of accounting which include financial accounting and managerial accounting.