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re: I swear there are some dumb people on the face book and the TD.COM
Posted on 1/17/17 at 11:15 am to Fusaichi Pegasus
Posted on 1/17/17 at 11:15 am to Fusaichi Pegasus
quote:
Are goods fifo or lifo?
Deprecating assets?
Weighted average cost and we Sec. 179 the assets.
1
Posted on 1/17/17 at 11:22 am to Mingo Was His NameO
It's simple. What did she leave the store with? She left with $30 in cash and $70 worth of groceries. That's all she left with. She gave the $100 bill back. So the owner lost $30 plus $70 worth of groceries.
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