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    femi.3@earthlink.net's Avatar
    [email protected] Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jul 15, 2006, 08:34 AM
    Accounting Question
    What type of account are these?

    Accumulated depreciation
    Long-term receivables
    Bond sinking fund
    Machinery
    Land

    Is long-term investments under the investment section on the balance sheet?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Jul 15, 2006, 02:14 PM
    Quote Originally Posted by [email protected]
    What type of account are these?
    Accumulated depreciation = contra-asset account
    long-term receivables = long-term asset
    bond sinking fund = current asset (or a long term asset, depending on the circumstances)
    machinery = long term asset (plant, property, and equipment)
    land = long term asset (plant, property, and equipment)

    Quote Originally Posted by [email protected]
    Is long-term investments under the investment section on the balance sheet?
    There is no “investment” section of the balance sheet
    william pradeep's Avatar
    william pradeep Posts: 1, Reputation: 1
    New Member
    		  
    #3

    Mar 10, 2010, 10:23 PM
    Revenue increases owner's equity?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #4

    Mar 12, 2010, 12:50 AM

    Yes they do, but I wish you'd start your own thread instead of tagging onto one 4 years old.
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