Accounting
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Boundless Accounting
Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources
Valuing of Assets
Accounting Textbooks Boundless Accounting Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources Valuing of Assets
Accounting Textbooks Boundless Accounting Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 12
Created by Boundless

Valuing Repairs, Maintenance, and Additions

Car Repairs

Car Repairs

Cars require regular maintenance. Such contingent liabilities can be estimated reliably based on historical cost and readily available information.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Automobile repair shop."
    http://en.wikipedia.org/wiki/Automobile_repair_shop Wikipedia GNU FDL.

Related Terms

  • deferred maintenance
  • capital expenditure
  • depreciation
  • additions and improvement
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