What is a valuation account, Basic Statistics

What is a valuation account?

In accounting, an assessment consideration is usually a stability sheet consideration that is used in combination with another stability sheet consideration to be able to review the holding quantity of a resource or obligation.

An example of an assessment consideration that is associated with a resource is the Allowance for Doubtful Records. This account’s credit score stability will be combined with the charge stability in Records Receivable to be able to review the holding quantity of the company’s accounts receivable. Other assessment accounts include Discount on Notes Receivable, Accumulated Depreciation, and allowance accounts used with inventory and investments.

An example of an assessment consideration associated with an obligation is Discount on Ties Due. The charge stability in this assessment consideration will be combined with the money score stability in Ties Due to be able to review the holding quantity of the bonds. Premium on Ties Due is an assessment consideration with credit score stability.

Expertsmind.com offers unique accounting assignment help

Posted Date: 3/31/2012 7:21:38 AM | Location : United States







Related Discussions:- What is a valuation account, Assignment Help, Ask Question on What is a valuation account, Get Answer, Expert's Help, What is a valuation account Discussions

Write discussion on What is a valuation account
Your posts are moderated
Related Questions
Dear expert, Assume that we have a multivariate unobserved component model (or SUTSE, seemingly unrelated time series equation model) in STATE SPACE form, that is: Y(t) = H A(t) +


A machine that fills quart milk cartons is set up to average 32.2 oz per carton, with a standard deviation of 1.2 oz. Assume a normal distribution for all of the cartons filled, wh

1. In your own words explain the difference between a point estimate and an interval estimate of a parameter? Which is better? Why?  2. What information is necessary to calculat

A survey showed that 80% of the 1600 adult respondents believe in global warming. Construct a 95% confidence interval estimate of the proportion of adults believing in global warmi

hi i just want to knw my husband done b.com n doing job as a accountant in private firm can u suggest me it is better for my husband to do m.ba or either some professional course

hi i need help for an auditing assignment

what are the aims of education

#question:how cost classification can helpful for planning, controlling and decision making

In an examination 600 candidates appeared, boys outnumbered girls by 16% of all candidates. number of passed candidates exceeded the number of failed candidates by 310. Boys failin