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
Illustration: Dinesh Limited is looking selective control for its inventories. By using the subsequent datas, prepare the ABC plan. Items                 A           B

Carnival Cruise Lines This question has two parts. Answer both parts. Structure your response using headings and subheadings where appropriate. The use of tables and point fo

At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $753,000. Chan records its Bad Debts Expense for that estimate. On the follow

Q. A prior period adjustment that corrects income of a prior period requires that an entry be made to a. an income statement account. b. a current year revenue or expense account.

The following costs were incurred in 2010 in the design and construction of a new office building over a nine-month period during 2010: Requirement Calculate the amount

How does ordinary shares and preference shares included in the account

Copper Suppliers, Inc. (CS), is a distributor of commercial grade copper. CS purchases copper directly from copper mines and then after refining it, sells the refined copper to in

Interest on Zeroes: Tesla Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 25-year zero coupon bonds to raise the money. The required

Petition by creditor Any creditor including an assignee of a debt, may petition, provided: The debt due to him amounts to at least Shs 1,000; The debt is certain and i

The cost of debt must be based upon the current market cost of debt. Where different kinds of debt are used estimates of more than one debt cost may be necessary and these costs we