ACCT/504 ACCT504 ACCT 504 WEEK 5 DISCUSSION
- Devry University / ACCT 504
- 10 Mar 2018
- Price: $7
- Other / Other
ACCT 504 WEEK 5 DISCUSSION
Week 5 Discussion
Week 5: Plant Assets, Intangibles, and Accounting for
Liabilities
Companies have a significant amount
of investment in long-lived assets, which include property, plant and equipment
(commonly referred to as plant assets), and intangible assets. We will also
discuss different types of liabilities and understand how to account for and
report those liabilities.
Let's begin by talking about plant
assets. Can you tell us what kind of plant assets are used in your company or
place of business? Do you have an estimate of the amount invested in those
plant assets?