Topic 1 (Note: Briefly in your own words 1 paragraph minimum, use and attach reference.) Accounting Practices: Using reading...

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Accounting

Topic 1 (Note: Briefly inyour own words 1 paragraph minimum, use and attachreference.)
Accounting Practices:
Using reading and research, locate a scholarly article thatdiscusses accounting practices or the role of accounting inconstruction.
1.) Give a brief summary of what you learned and discuss how youwill use this knowledge in your future career in constructionmanagement, what are the most common methods and programs used.
Discussion Topic 2 (Note: Briefly in your own words1 paragraph minimum.)
Depreciation:
1. What impact do you think depreciation has on a constructioncompany from a financial standpoint?
2. Why do you think we need to depreciate some assets but notothers?

Answer & Explanation Solved by verified expert

3.6 Ratings (374 Votes)

The accounting is somehow different in a construction company from the rules that we generally use in case of other business accounting This is because in case of construction accounting the things are seen with a different perspective rather than the same normal perspective that we have when doing accounting for a business Since the construction accounting is related with accounting of the real estate there are many differences and methods that can be seen as below Method of accounting In case of See Answer

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