An asset may defined as 'bundle of services'. Explain with example
Answers
Answered by
2
Answer:
An asset is defined as a bundle of services as the asset purchased today is going to be used till its useful life. The whole cost is not going to charged in one year and also we cannot use the asset within one year.
For example: if machinery has been purchased for Rs 50,00,000, then such a huge expenditure will be apportioned to different years depending upon the useful life of that asset, say 15 years. Thus, the cost of this asset will be spread over for 15 years and its services will be used for 15 years. In this sense, we can say that the asset is defined as a bundle of services.
Explanation:
hope it's help you‼️‼️☑️☑️
Answered by
5
Explanation:
heya mate ur answer is in here..... please mark me brainliest..........
An asset may be defined as bundle of services, an asset is purchases today is going to be use till it's useful life
the hole cost is not going to be charged within one year with an example: - if an machinery had been purchased by an amount 50,00,000. then a huge expenditure will be appointed to different year depending upon the use ful life of an assets .....
hope it's helped u.✌✌✌✌✌✌✌✌✌
so follow me fast....
I am single boy sonu ..
I may always helping u if u followed me
Similar questions