creed
what does every paragraph start with?
i beleive
when smith Hughes act formed?
1917
where is the president stationed
the rising sun
what is an asset
the list of items you own
an acquisition cost is what?
how much the item costs when you buy it
there are 5 paragraphs
when were the ffa colors established
1929
where is the vice president stationed
plow
what is a liabilities
something you or the business owes
how do you figure out the value to depreciate
you take you acquisition cost minus your salcage value
who wrote the creed
e.m tiffany
when was the nfa and ffa merged
1965
the reporter is stationed where
flag
how do you calculate net worth
asset minus liabilities
what is the rate of depreciation
how quickly it loses value
when was the creed written
1928
when was the blue jacket adopted
1933
where is the treasurer stationed
washington
what is an inventory
a record of quantity and value of anything the business owns
what is an annual depreciation
how much it loses value each year
when was it officially adopted?
it was adopted in 1930
when was it opened up to females?
1969
the sentinel is stationed where
by the door
what are some examples of things that get deprecated
big ticket items, animals, equipment and supplies.
how do you calucate the annunal depreciation
depreciation divided by life