Why Has Email Caught on as Such a Popular Form

question 1

Essay

Why has email caught on as such a popular form of electronic communication? Name at least three reasons.

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Definitions:

Accumulated Depreciation

The aggregate depreciation charges applied to a fixed asset from when it first came into operation.

Commercial Substance

A concept in accounting that occurs when the future cash flows or the economic circumstances of a transaction change as a result of the transaction.

Disposal

The act of getting rid of an asset through sale, trade, abandonment, or other methods, often resulting in the recognition of a gain or loss for accounting purposes.

Book Value

Book value is the net value of a company's assets as recorded on its balance sheet, often contrasted with market or actual value.