Historical cost is a traditional method of recording assets and liabilities at their original or nominal value without making adjustments for inflation. It first came in evidence in Jun 1979 in a French project after numerous debates. The historical cost principle states that the asset should include all cost necessary to get the asset in place and ready for use. The principle of historical cost is based upon two fundamental principles: the principle of monetary standardization and principle of
Premium Generally Accepted Accounting Principles Balance sheet Depreciation
My Most Memorable Event Throughout my life I have had numerous memorable events. The memorable times in my life vary from being the best in my life and some being the worse. Either way these memories have become milestones that I will remember forever‚ which is the day of my graduation. This day is the most memorable because the enjoyment I had when I received my high school diploma. I can remember this day like it was yesterday. My uncle came into my room at seven o’clock in the morning telling
Premium High school Graduation High school diploma
communication style need to meet the needs of the historical moment” (Arnett & Arneson‚ 1999‚ p. 34). “Appropriate use of communication‚ as well as business investments‚ need to be historically grounded in what is ‘appropriate’ for a given era” (Arnett & Arneson‚ 1999‚ pp. 34-35). Also‚ “much of our communication is guided by our personal needs” ((Arnett & Arneson‚ 1999‚ p. 35). When meeting the historical moment‚ it is crucial to actually meet the historical moment by discussing issues that are relevant
Premium Management United States Strategic management
all the historical buildings that were created 50-100 years ago‚ and build new buildings because they think they have no other choice to let people live but to destroy them. There are very less opportunities to save the historical buildings. The way to save them is either to leave them as they are because that’s how they are still in one piece for 50-100 years or redecorate them and use them for the duties they are going to apply when they will create a new one in the same spot as a historical building
Premium Building House 2006 albums
What is included in the cost basis of a long- lived asset? Explain for a least two types of such assets. Add the original price of your investment and any transaction costs. For example‚ if you buy 100 shares of stock at $10 per share and pay a $20 broker’s commission‚ your purchase expense totals $1‚020. Disregard dividends or other income you receive as cash while you own the investment. Dividends or interest are classified (and taxed) by the Internal Revenue Service as ordinary income and
Premium Depreciation
EMPOWERMENT EVENTS PLANNING AND MANAGEMENT ICOPE JANUARY 8-9‚ 2013 EVENTS PLANNING & MANAGEMENT What is an Event Special or spectacular occasions where people gather together for a purpose whether they be to celebrate‚ educate‚ promote or commemorate. They are not the usual and ordinary activities that one engages in as part of his daily life Who is an Event Planner An event planner is‚ quite simply someone who organizes events. He is the person behind
Premium Event planning Party Management
Historical Fiction Narrative My name is Elizabeth‚ I’m 15 and I’m moving to the West with my family. We are going there for something called the Homestead Act. The Homestead Act is when you get 160 acres of land for free for 5 years. During the 5 years‚ you must grow crops. But my father is going to the West for mining gold. It’s May 8th‚ 1861. Tomorrow my family and I leave for the West. We are going by railroad. It will be my first time going on the railroad. I’m so excited yet nervous. I
Premium American Old West United Kingdom Sibling
Introduction It’s a presentation about the important historical places of ancient Dhaka. There are so many places which are really worthy of drawing our attention. But it is a mammoth task to sort out the important one among the many more. Here we tried to highlight most of the important historical places according to their glorious past and profound impact on the later life of the people living in this arena. Such as‚ the description of Lalbagh Fort reminds us our glorious past when people of Bengal
Premium Bangladesh
History of historical linguistics Modern historical linguistics dates from the late 18th century and grew out of the earlier discipline of philology‚ the study of ancient texts and documents‚ which goes back to antiquity. At first historical linguistics was comparative linguistics and mainly concerned with establishing language families and the reconstruction of prehistoric proto-languages‚ using the comparative method and internal reconstruction. The focus was on the well-known Indo-European
Premium
Historical Criticism Goal: Explain the content of literature based on _______________________________________ in which it was written. Historical critics look at politics‚ ideas‚ culture‚ how people lived‚ etc. when analyzing literature. Pros and Cons of Historical Criticism Pros ● The historical lens is an accurate way to view history because people ___________________________ their thoughts and ideas through lit. ● These views can be ___________ or _____________. Cons
Premium Writing Literature Fiction