[Accounting] Time period concept (1 Viewer)

[ninicole]

Use depreciation as example, what the challenges accountants faced because of accounting time period?

 

[redslert]

I like the replies of this thread
http://community.boredofstudies.org/462/commerce-business/116775/accounting-question.html

Everyone here is happy to help, but you don't even show that you have even tried to answer the question...

 

[seremify007]

I like the replies of this thread
http://community.boredofstudies.org/462/commerce-business/116775/accounting-question.html

Everyone here is happy to help, but you don't even show that you have even tried to answer the question...

I agree. At least write up SOME IDEAS you have- even if they're wrong. At least it shows that you aren't just tooling us to do your homework.

As a starting point for you to think about;
1. What does depreciation calculations involve?
2. How does it relate to time period?
3. What problems could arise?