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Sagot :
The total change in asset value is 9941. Any property that what a corporation or even other organizational forms owns or manages is considered an asset in financial reporting.
change in asset value is = 219411 - 209470 = 9941, Adding the amount that came from selling the assets we have = 9941 + 6943 = 16884. Adding Depreciation, it will be = 16884 + 32822 = 49706. Hence, the answer is = 49,706.00 .Whatever and can be used to help generate economic benefit, whether that be material or ethereal, counts. Assets offer ownership worth that can be transferred for money (although cash itself is also considered an asset). Depreciation is an accounting method for stretching out the expenditure of a tangible asset over the period of its useful life The amount of an income statement has been used is shown through depreciation. It enables a company to purchase fixed assets over a specified length of time and generate an income from those assets.
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