Category: Bookkeeping

Then in this case it is essential to follow the units of production depreciation method. The units of production rate is equal to the depreciable fixed asset carrying value (i.e. the cost basis net of the salvage value assumption) divided by the estimated number of production numbers, which comes out to $0.50. The units of…

An invoice is a legal document and must include certain key information in order to be considered legal. Depending on the jurisdiction, additional information such as terms of payment or a unique customer identifier may also be required for an invoice to be considered legal. Professional invoices are a type of legal document that is…