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ch09 fundamental of financial accounting by edmonds (4th edition)

ch09 fundamental of financial accounting by edmonds (4th edition)

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Categories:Types, School Work
Published by: awais on Sep 23, 2009
Copyright:Attribution Non-commercial

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09/29/2012

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FundamentalFundamentalFinancial AccountingFinancial AccountingConceptsConcepts
Fourth EditionFourth Edition
bybyEdmonds, McNair, Milam, OldsEdmonds, McNair, Milam, Olds
PowerPoint
 ® 
presentation byJ. Lawrence Bergin
 
McGraw-Hill/Irwin
©
 
The McGraw-Hill Companies, Inc., 2003
9- 2
Chapter 9Chapter 9
Long-TermLong-TermOperational AssetsOperational Assets
 
McGraw-Hill/Irwin
©
 
The McGraw-Hill Companies, Inc., 2003
9- 3
Classification of Operational AssetsClassification of Operational Assets
q
Operational assets are
used 
by abusiness to generate revenue.
q
Tangible operational assets havephysical substance. –Land, buildings, fixtures, andequipment –Natural resources

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