ACCOUNTING FOR FIXED ASSERTS (A CASE STUDY OF COCA-COCA BOTTLING COMPANY PLC 9TH MILE CORNER)
TABLE OF CONTENTS
CHAPTER ONE
- Introduction
1.1Â Â Â Â backgrounds
- Statement of problems
- The objective of the study
- Significance of the study
- Scope and limitations of the study
- Time
- Definition of terms
- Hypothesis
CHAPTER TWO
2.0Â Â Â Â Literature review
- Components of acquisition of cost
- Recognition of interest on deferred payment contracts
- Components of cost of self constructed property
- Consideration other than cash
- Amount substituted for historical cost
- Requirement and disposal
- Depreciation of fixed assets
- Causes of depreciation
- Provision for depreciation as allocation of cost.
- Main method of calculating provision for depreciation
- Accounting treatment of depreciation
CHAPTER THREE
3.0Â Â Â Â Research method and methodology
- Research methods used
- Descriptions of respondents
- Determination of sample size
CHAPTER FOUR
- PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA
CHAPTER FIVE
- Summary of findings conclusions and recommendation
5.1Â Â Â Â Summary of finding
- Conclusion
- Recommendation
Bibliography
Appendix
CHAPTER ONE
INTRODUCTION
1.1Â Â Â Â BACKGROUND OF THE STUDY
Fixed Assets are those assets of a business which are of material value, like property, plant and equipment and other assets with relatively permanent life acquired by the enterprise for use in production or supply of goods or instructed with intention of being used on a continuing basis or for administrative purpose and many include items held for the resale or for conversion into cash in the ordinary source of business.
However, there are other long lived assets which we cannot see such ones are classified as in tangible assets.
They are: Goodwill, trademark. Be it tangible or intangible all fixed assets represent a bundle of future services which are paid for in advance and used subsequently in the process of generating revenue.
Basically, in a bottling company, there are only three important stages to note down in records of the company as it relates to the fixed assets in liquidation. They are:
- The stage of acquisition of the fixed assets
- The stage of provision for depreciation of fixed assets
- The third stage is the time of the period when the assets must have been useless for the company, then the management can then decide to sell if off and make replacement.
