Soccerisboss9505 Soccerisboss9505
  • 03-10-2017
  • Business
contestada

How should sbs classify the spare parts that it expects to use within one year — as inventory or as a prepaid/other current asset?

Respuesta :

andriansp andriansp
  • 30-10-2017
Sbs could do it by starting to find out each functions of the spare parts.
If the spare parts is resided to be a part of the product, it should be classified as inventory.
IF the spare parts is resided for people who want to redeem warranty, it shold be classified as prepaid.
If the spare parts is part of research and development it should be classified as other assets.
Answer Link

Otras preguntas

The base of right prism is rhombus of diagonal is 6 and 8cm and altitude is 12 cm find total surface area
The Radius of a sphere is 5 feet. find the area of the great circle of this sphere
Who were the Nazis ?
How many eighths are there in 4 1/4
Buck drove 220 miles in 5 hours. What was his average rate of speed?
What is the change in number of individuals in a population over time? A. population decrease B. population stability C. population growth D. population resista
Horace read 160 pages in 4 hours. How many pages can he read in 6 hours??
The process by which rocks are broken down into smaller fragments by the atmosphere and other factors in the environment is called?
A history quiz consists of five true-false questions. If you guess on each question, then the probability of answering all five questions correctly is approxima
The Radius of a sphere is 5 feet. find the area of the great circle of this sphere