Die Neue Zeit
2nd April 2008, 06:16
I have a question regarding both labour vouchers and energy accounting: how will amortization (http://en.wikipedia.org/wiki/Depreciation) and impairment (http://en.wikipedia.org/wiki/Revaluation_of_fixed_assets) be accounted for?
[In capitalist accounting, obviously $$$ is involved, and the following methods are used, among others: straight-line, sum-of-year's-digits, declining balance, activity depreciation, and units-of-production.]
I sorta get the concept of labour vouchers for producing consumer goods, but what about producing capital assets that depreciate (wear and tear)?
[In capitalist accounting, obviously $$$ is involved, and the following methods are used, among others: straight-line, sum-of-year's-digits, declining balance, activity depreciation, and units-of-production.]
I sorta get the concept of labour vouchers for producing consumer goods, but what about producing capital assets that depreciate (wear and tear)?