Accounting date-trusts accounts-trusts laws and accounts, Financial Accounting

Accounting Date

In determining the accounting date of the trust, the trustees will consider the following:

  1. Date of death (accounts to anniversary of death);
  2. Fiscal year-end (accounts to 31st December);
  3. Due date for payment of annuities;
  4. Beneficiaries’ income requirements.

 

Posted Date: 12/15/2012 12:32:01 AM | Location : United States







Related Discussions:- Accounting date-trusts accounts-trusts laws and accounts, Assignment Help, Ask Question on Accounting date-trusts accounts-trusts laws and accounts, Get Answer, Expert's Help, Accounting date-trusts accounts-trusts laws and accounts Discussions

Write discussion on Accounting date-trusts accounts-trusts laws and accounts
Your posts are moderated
Related Questions
Q. Estimate cost of equity using dividend valuation model? The cost of equity may be approximate using either the dividend valuation model or the capital asset pricing model. I

Q. Describe about Trade Test? With a view of perform the work in a trade an artisan staff should have the skill required for the trade and for this Railway workers classificati

EXECUTORS' ACCOUNTS (a) Stewardship : The main object or preparing Estate Accounts is to record the assets which have been entrusted to the "stewards" — the executors — and

1.  The average annual investment cost of a workstation in New Jersey has been calculated to be $100,000.  It has been calculated to be $150,000 in Kentucky.  The hourly cost at a

Trade credit creates accounts or debtors receivables. Trade credit is utilized as a marketing tool to expand competitive advantage over trade rivals. A firm's investment in account

Equitable apportionments There are five leading cases where the courts have laid down rules to meet specific situations in which there is a conflict of interest between life tena

Determine out the future value of Rs.1000 compounded yearly for 10 years at an interest rate of 10 percent. Solution: The future value 10 years thus would be FV = PV (1+k)

Objectives of Inventory management After going through this section, you will be capable to: highlight the requirement for and nature of inventory; describe the meth

On its December 31, 2010 balance sheet, Emig Corp. reported bonds payable of $6,000,000 and related unamortized bond issue costs of $320,000. The bonds had been issued at par. On J

1) Which inventory methods are used by Lowe's? (Mark all that apply.) a. Weighted-average b. FIFO c. LIFO d. Dollar-value LIFO e. Retail LIFO f. Retail Dollar-value LIFO g. If mult