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Fixed Assets and Depreciation
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Series: Financial Accounting Fundamentals, Book 6. Price: $0.99 USD. Words: 1,960. Language: English. Published: January 22, 2013. Category: Nonfiction » Business & Economics » Accounting / financial
Fixed assets - property, plant, and equipment - are an integral part of doing business for many organisations, but they can present problems when preparing financial reports. This essay-length guide looks at the various types of fixed assets and the role they play in financial reporting. Topics covered include depreciation, disposal of assets, and gain/loss on disposal.