by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
[cite] Back to: ACCOUNTING, TAX, & REPORTING Depreciation, Depletion, and Amortization – Definition Depreciation, depletion, and amortization (DD&A) refer to an accounting technique that a company uses to match the cast of an asset to the revenue...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
[cite] Back to: ACCOUNTING, TAX, & REPORTING Cash and Accrual Accounting Definition Companies and professionals follow one of two different accounting methods: The accrual method, and The cash method. Cash Basis Accounting Definition The cash method is used by...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
[cite] Back to: ACCOUNTING, TAX, & REPORTING Capital Gain Defined A capital gain is the profit obtained from the sale of assets. When the sale price is higher than the acquisition price there will be a capital gain. However, when the sale price is lower than the...
