The average propensity to consume (APC) is the ratio of consumption expenditures (C) to disposable income (DI), or APC = C / DI.
Hence, APC = consumption/income.
Unearned revenue is the money or revenue earned for the product or the service that is not yet sold or provided to the customer. Hence, it comes under liabilities.
Depreciation is a process of cost allocation, not valuation. In accounting, the term depreciation refers to the allocation of cost of a tangible asset to expense to the periods in which the asset is expected to be used to obtain the economic benefit.
In brief, Depreciation is fall in the value of assets due to wear and tear over a period of time, it is a loss.
Enterprise systems (ES) are large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.
The principle of diversification tells us that spreading an investment across many diverse assets will eliminate some of the total risk.
Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than one year as it is the amount owed by the customer to the seller.
Comments
There are no comments.Copyright ©CuriousTab. All rights reserved.