28 Jun It should not surprise you by now but
Question
It should not surprise you by now but
It should not surprise you by now but gain or loss are terms that do not mean what they seem to mean. Gain means that the sale price is above book, while loss i below. The best outcome is when we have a book loss and market gain. If we have a truck that we paid 30,000 for and used 5 year straight-line depreciation for three years. The book valuie is 30000-(3*6000) or 12,000. If the Kwlly Blue book is 5,000 and we manage to sell the truck for 7,500 we actually have a benefit of 2,500 over market value, and a 4,500 book loss which we will use on our taxes. In other words a book loss in this case is good!
When are gains considered bad in accounting?
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.