Software Developed by Patrick Obasi
AgingAccounts v.1.0.0.0
All prudent companies age their accounts receivable. The information that results from the process makes it possible for financial managers to calculate cost of money on the basis of aging,
An asset acquisition is assigned a life expectancy under classifications defined by the IRS. The asset must be depreciated over a period of time not less than the period given in the guidelines of the IRS. It cannot be expensed all at once.
All prudent companies age their accounts receivable. The information that results from the process makes it possible for financial managers to calculate cost of money on the basis of aging,
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