# CTE Resource Center - Verso - Accounting, Advanced NBEA Achievement Standards for Computation Correlation by Task

CTE Resource Center - Verso

Virginia’s CTE Resource Center

NBEA Achievement Standards for Computation Correlation by Task

In this course, the following tasks/competencies reinforce the standards listed beside them. Teachers may identify additional reinforcements in locally developed instructional materials.

Task/Competency Number Task/Competency Statement Standards
50 Compare the methods of calculating depreciation. NBEA Achievement Standards for Computation: Calculate average annual depreciation. ♦ Calculate the annual and accumulated depreciation or cost recovery of plant assets (e.g., straight-line, declining balance, Accelerated Cost Recovery System, and IRS methods).
51 Record the depreciation of plant assets. NBEA Achievement Standards for Computation: Calculate average annual depreciation. ♦ Calculate the annual and accumulated depreciation or cost recovery of plant assets (e.g., straight-line, declining balance, Accelerated Cost Recovery System, and IRS methods).
53 Identify notes payable and notes receivable activities. NBEA Achievement Standards for Computation: Calculate bank discount and proceeds on a discounted note.
55 Journalize entries for issuing and collecting a note. NBEA Achievement Standards for Computation: Calculate bank discount and proceeds on a discounted note.