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
STATEMENTS OF FINANCIAL POSITION: as at 31 December 2011 Group                                 Note         2011                         2010        RM'

Ely purchased a patent (with a remaining legal life of ten years) from Backo on January 1, 2010 for $300,000. Ely expected to use the patent for five years. The carrying value on B

Track traversal: At the end of the learning process, the robot will return to the packing station. It will then wait for the user input in an in nite loop. Once the user speci es a

Prepare the journal entries required to record the following transactions of a nongovernment, not-for-profit organization.   1. Unrestricted cash contributions received durin

Question: A proprietary life company issues only non-profit guaranteed growth bonds. The company invests only in equities with an expected return of 10% p.a, the risk free rate

hello, i have got my answer, but i don''t know the PART C why doesn''t calculate "working capital: 60000"?????? can not find match number in the solution table

Suppose the interest rate for a one-period bond is 4%. (a) What is the price of an asset paying (1,1,1) which means 1 after 1 period, 1 after 2 periods, and 1 after 3 periods.

Illustration of Pre-Aquisition H Ltd.. Acquired 80% of S Ltd. during the year ended 31/12/04.  S Ltd. paid an interim dividend of  40,000 on 30th September and as at 31/12/04 h

what are the concept of economic substance over legal form under accounting for lease?