Accountants need to develop the knowledge and skills of amending Final Accounts such as Profit and Loss Account (P&L Account) and Balance Sheet.
Posts tagged as “vehicles”
Depreciation is a decrease in the value of Fixed Assets. Some assets such as Equipment (machinery) and Vehicles tend to fall in value over time.
Sale-and-leaseback is a transaction when the business sells a particular Fixed Asset and immediately lease that asset back.