The amount spent on training and developing human resources increase its efficiency so it is either ______ and shown in the balance sheet or ____________ and shown in the Profit & loss account. a. Calculated ; Appreciated b.

The amount spent on training and developing human resources increase its efficiency so it is either and shown in the balance sheet or ______ and shown in the Profit & loss account. a. Calculated ; Appreciated b.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Q22

The amount spent on training and developing human resources increase its efficiency so it is either ______ and shown in the balance sheet or ____________ and shown in the Profit & loss account.

Calculated ; Appreciated

Computed; Depreciated

Capitalized; Amortized

None of these

Definition Definition Amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item

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