Book excerpt meme
Nov. 18th, 2008 08:43 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
serenissimaCaught from ![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif)
eredien.
1. Grab the nearest book.
2. Open the book to page 123.
3. Find the fifth sentence.
4. Post the text of the next 4 sentences on your LJ along with these instructions.
5. Don't you dare dig for that "cool" or "intellectual" book in your closet! I know you were thinking about it! Just pick up whatever is closest.
Intermediate Accounting, by Spiceland, Sepe, Nelson, & Tomassini, Chapter 3, "The Balance Sheet and Financial Disclosures": excerpt from Summary of Significant Accounting Policies — Starbucks Corporation
eredien. 1. Grab the nearest book.
2. Open the book to page 123.
3. Find the fifth sentence.
4. Post the text of the next 4 sentences on your LJ along with these instructions.
5. Don't you dare dig for that "cool" or "intellectual" book in your closet! I know you were thinking about it! Just pick up whatever is closest.
Property, Plant, and Equipment
Property, plant and equipment are carried at cost less accumulated depreciation. Depreciation of property, plant, and equipment which includes assets under capital leases, is provided on the straight-line method over estimated useful lives, generally ranging from two to seven years for equipment and 30 to 40 years for buildings. Leasehold improvements are amortized over the shorter of their useful lives or the related lease life, generally 10 years.
Revenue Recognition
Company-operated retail store revenues are recognized when payment is tendered at the point of sale.
Intermediate Accounting, by Spiceland, Sepe, Nelson, & Tomassini, Chapter 3, "The Balance Sheet and Financial Disclosures": excerpt from Summary of Significant Accounting Policies — Starbucks Corporation
