Adjustment and Depreciation

PandL account maintained

Balance sheet is maintained

Provision for depreciation account is maintained

Provision for depreciation account is not maintained

Accrued expenses

Accrued income

Prepaid income

Prepaid expenses

An appreciation of currency

A revaluation of the currency

A depreciation of the currency

Lower inflation abroad

Book value of a fixed asset

Market value of a fixed asset

Historical cost of a fixed asset

Recoverable amount of a fixed asset

Straight line method

Written down value method

Annuity method

Depreciation fund method

Depreciation

Depletion

Amortization

Both B and C

Balance of money still owed by firm at end of period

Balance of money owing by customers at start of period

Discount given to the firm by supplier

Goods returned to original suppliers by firm

Annuity method

Insurance policy method

Fixed installment method

reducing balance method

Machinery account

Depreciation account

Cash account

Bank account

Capital

Asset

Accrual

Prepaid