Normal Size Small Size show me how
Adv Account Chap 19
|Return on Investment (ROI)
|The ratio of the money earned on an investment relative to the amount of the investment.
|Land and anything attached to the land.
|All property not classified as real property.
|The value of an asset determined by tax authorities for the purpose of calculating taxes.
|Plant Asset Record
|An accounting form on which a business records information about each plant asset.
|An increase in equity resulting from activity other than selling goods or services.
|Gain on Plant Asset
|An increase in equity that results when a plant asset is sold for more than book value.
|A decrease in equity resulting from activity other than selling goods or services.
|Loss on Plant Asset
|The decrease in equity that results when a plant asset is sold for less than book value.
|An asset that does not have physical substance.
|The spreading of the cost of an intangible asset over its useful life.