In today's accounting tutorial, we look at the difference between gross fixed assets and net fixed assets and why this is important. If you are in a hurry, the only difference between the two is...
Tag: non-currrent assets
The accounting for depreciation provides a number of challenges for the accounting student. These include the available methods, ensuring calculations are correct, and dealing with journal entries...
In accounting non-current assets are tangible or intangible assets a firm will use normally over a period of greater than 12 months. This article looks into how they should be accounted for.