Debate 51Concepts of Capital Maintenance SFAC No. 5 states that the concept of capital maintenance...
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Accounting
- Debate 51Concepts of Capital Maintenance
SFAC No. 5 states that the concept of capital maintenance is critical in distinguishing an enterprises return on investment from return of its investment. Two concepts of capital maintenance are discussed: physical capitalmaintenance and financial capital maintenance.
Team Debate:
Team 1:
Present arguments in favor of the physical capitalmaintenance concept.
Team 2:
Present arguments in favor of the financial capitalmaintenance concept.
SFAC No. 5 states that the concept of capital maintenance is critical in distinguishing an enterprises return on investment from return of its investment. Two concepts of capital maintenance are discussed: physical capitalmaintenance and financial capital maintenance.
Team Debate:
Team 1:
Present arguments in favor of the physical capitalmaintenance concept.
Team 2:
Present arguments in favor of the financial capitalmaintenance concept.
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