Before considering what depreciation of fixed assets is, it is worth taking a short historical excursion. Some accounting elements reminiscent of depreciation are already found in Venetian and Florentine ledgers of the 15th–16th centuries. It is believed that

In total, there are two types of attribution of depreciation to expenses in tax accounting, and as many as four in accounting. An entire section III in PBU 6/01 is dedicated to them. Here they are, the methods for calculating depreciation of fixed assets in accounting: the method of writing off the cost of proportional

. It is necessary to differentiate the solvency of the enterprise, i.e. the expected ability to ultimately repay the debt, and the liquidity of the enterprise, i.e. sufficiency of available cash and other funds to pay debts at the current moment. However, on

Definition The absolute (cash) liquidity ratio (cash ratio) shows the ratio of the organization’s most liquid assets - cash and short-term financial investments - to short-term liabilities. The absolute liquidity ratio is

The main documents for proper accounting of a car purchased by a company are: sales contract, acceptance certificate (Form No. OS-1), inventory card (Form No. OS-6). In this article we will tell you about accounting for a purchased car.

Organizations independently choose the method of calculating depreciation of their fixed assets. One of the most commonly used is the reducing balance method. Its use in enterprise accounting is due to a number of features and specific purpose