Soccerisboss9505 Soccerisboss9505
  • 03-10-2017
  • Business
contestada

How should sbs classify the spare parts that it expects to use within one year — as inventory or as a prepaid/other current asset?

Respuesta :

andriansp andriansp
  • 30-10-2017
Sbs could do it by starting to find out each functions of the spare parts.
If the spare parts is resided to be a part of the product, it should be classified as inventory.
IF the spare parts is resided for people who want to redeem warranty, it shold be classified as prepaid.
If the spare parts is part of research and development it should be classified as other assets.
Answer Link

Otras preguntas

how do you say goodbye in Chinese
Which renewable resources could become a non renewable resource if used faster than earths ability to replenish its supply?
what is the greatest common factor of 90 and 15
Again Due Tomorrow!! Is (3,6) A Solution To y = 3x - 3 and y = 2x + 2
TICKETS: All you can ride: $25 7 tickets for $5 a. Write an equation in slope intercept form for the total cost of any number of tickets at 7 tickets for $5. b.
where does the overwhelming amount of seismic activity occur on the earth's surface
how did Renaissance art use humanist ideas
3x+2y=4 4x+5y=17 What is the value of x and y?
The damage caused by hurricane Katrina took the form of _______. a. oil spills and building damage b. flooding and mold infestations c. toxic chemicals and sewa
Why were Americans encouraged to grow their own food in victory gardens? To increase the amount of food that could be sold to other nations. To conserve resourc