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Q. Detailed steps for completing the work sheet?
Accountants use these preliminary steps in preparing the work sheet. The following segments describe the detailed steps for completing the work sheet.
- Enter the balances and titles of ledger accounts in the Trial Balance columns.
- Enter adjustments within the Adjustments columns.
- Enter adjusted account balances within the Adjusted Trial Balance columns.
- Extend adjusted balances of revenue as well as expense accounts from the Adjusted Trial Balance columns to the Income Statement columns.
- Extend any balances in the Retained Earnings as well as Dividends accounts to the Statement of Retained Earnings columns.
- Enlarge adjusted balances of asset, liability as well as capital stock accounts from the Adjusted Trial Balance columns to the Balance Sheet columns.
What are examples of deferred revenue expenditure? Ans) It is an expenditure the advantage of which will be realized over a period and not during the present period. Ex-Heavy Ad
profit
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Company took loans of rs 400000from mbl and issued 8% debentures of rs 500000b as collateral security pass journal entries regarding issue of debentures if any and show the loan in
Its depends on the credit period of the company i.e. A company credit period 30 days 85 of the debtors collection should be recovered with in credit period. We can say the Effectiv
An accounting is a service function. The main accounting executive through whatever name he is termed as holds a staff position except inside his own department where he exerts aut
i need to pay rent for 3 year 2011,2012,and 2013. am in 2012 1 December. what entries will be there for rent account and the rant account balance amount
The Greenwood Company purchased equipment costing $900. Greenwood paid $400 in cash and agreed to pay the remaining amount in thirty days. As a result of this transaction
what are the stages of operational research
Q. High-fiber Diet for diverticular disease? For mild symptoms, a clear liquid diet is recommended. More serious cases may require hospitalization, intravenous feeding to rest
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