What is the format and when is it used? What is meant by a and fair view”? What are three factors to consider? “true What is a fixed asset (give two examples) and why is a fixed asset register prepared and maintained? What is the relationship between fixed assets and revenue? Explain what is by the phrase, is a non-cash expense.” “Depreciation Explain the underlying difference between the straight-line and the reduced balance method of depreciation.
What is the format and when is it used? What is meant by a “true and fair view”? What are three factors to consider? What is a fixed asset (give two examples) and why is a fixed asset register prepared and maintained? What is the relationship between fixed assets and revenue? Explain what is by the phrase, “Depreciation is a non-cash expense.” Explain the underlying difference between the straight-line and the reduced balance method of depreciation.
AM_Prepare_financial_statements_refined.docx