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Debate House Prices
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Federal Reserve: No recovery without housing market recovery
Comments
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RenovationMan wrote: »You cannot produce the milk without the cow; the milk has a symbiotic relationship with the cow and this duality ensures that the cow is a current asset and a conjoined entity with the milk.
The Cow (I really can't believe we're discussing this :-)) is still a non-current asset, as it will produce more milk for you after you have collected what it has produced.
The Cow would I suppose become a current asset if it was to be slaughtered in the current financial period, but I think overall a Cow is a Non-current asset, I can check this with my accouting tutor if you wish.0 -
What is this cows name?0
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gingeralan wrote: »The Cow (I really can't believe we're discussing this :-)) is still a non-current asset, as it will produce more milk for you after you have collected what it has produced.
The Cow would I suppose become a current asset if it was to be slaughtered in the current financial period, but I think overall a Cow is a Non-current asset, I can check this with my accouting tutor if you wish.
A wasting asset.
Some of us remember when property was depreciated not revalued.
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Thrugelmir wrote: »A wasting asset.
Some of us remember when property was depreciated not revalued.
Amen Brother
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