Content of accounts-trusts accounts, Financial Accounting

Content of accounts

Periodical accounts should normally consist of:

        1.    Balance sheet of the whole trust;
        2.    Capital account;
        3.    Income account;
        4.    Schedules and subsidiary accounts explaining, where appropriate, items 1 to 3 above.

Posted Date: 12/15/2012 12:33:36 AM | Location : United States







Related Discussions:- Content of accounts-trusts accounts, Assignment Help, Ask Question on Content of accounts-trusts accounts, Get Answer, Expert's Help, Content of accounts-trusts accounts Discussions

Write discussion on Content of accounts-trusts accounts
Your posts are moderated
Related Questions
Division of the trust The safeguards consist in the division of the trust funds into portions.  Before this division takes place, the investments are revalued in order to deter

PROPERTY TRANSFERRED BEFORE BANKRUPTCY (a) Voluntary settlements : The trustee can claim all property settled by the bankrupt on other persons within two years preceding the

Verizon Corporation has 55% equity and 45% debt (market values) in its capital structure. The pretax cost of debt is 7%, and that of equity 12%. The total value of the company is $


CONSOLIDATED INCOME STATEMENT AND CONSOLIDATED STATEMENT OF CHANGES IN EQUITY     The consolidated income statement follows similar principles as those of the consolidated balanc

How much must you save annually in order to accumulate Rs. 20, 00,000 by the ending of 10 years, whether the saving earns an interest of 12%?             Solution : A = [k/(

Discuss the applicability of the operating cycle in poultry (consider broilers)

Do you anyone on staff with the above experience? Notes cannot be copied from any real company''s financial report.

PVA ∞ = A(1 + k) -1 +  A(1 + k) -2 +..... + A(1 + k ) ∞ + 1 + A (1 + k) ∞ Multiplying both the sides of Eq (a7) by (1+k) provides: PVA ∞  = (1 +k) = A(1 +k) +A (1 +k)

what is the profitability of