re: Accounting Depreciation Question - Capitalization v. Expense - Dooshay on 12/2/13 at 9:16 am[quote]Imagine how you would journalize this in the real world. When the invoice is received you would debit an asset account to track the acquisition of the machine for $765,000 and credit accounts payable for the same amount. If you took advantage of the discount you would record a $765,000 debit ...
re: Question for Drill Site Supervisors - Dooshay on 11/27/13 at 10:20 pm1. no. no one cares. i've known company men who were selling insurance.
2. very dependent on how hard you work and who you know. coming from the shop, i'd say after a good 5 years in the field you can start feeling it out and try to advance.
3. first and foremost get on a rig. you'll start at the ...
re: Knockout game question - Dooshay on 11/26/13 at 8:51 pm[quote]http://www.usatoday.com/story/news/nation/2013/11/26/knockout-game-myth/3729635/[/quote]
(image courtesy of national association of black journalists)