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Financial information for Buckle is presented in Appendix B . Required: 1 - a . The summary of significant accounting policies is located in note
Financial information for Buckle is presented in Appendix B
Required:
a The summary of significant accounting policies is located in note A to the financial statements. Locate the section on property and equipment. What depreciation method does Buckle use?
b What are the estimated useful lives for property and equipment and for buildings?
a Find note E entitled "Property and Equipment." What is the cost of property and equipment for the most recent year?
b What is the trend in property and equipment for the past years?
From the balance sheet, what other types of longterm assets are listed?
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