 Related Questions Latest Answer : bank reconciliation statement means uncleared deposited & issued cheques. ... Read Answers (4) | Asked by : Devraj urs M R Why in the interview of accounts by a CA a candidate is asked that whether he knows to make the Reconciliation Statement? What is purchasing order?What is vendor?What is sarbanes-oxley act?what is debit and credit note?What is basic accounting principles?what is dual aspect concept?what is depreciation? and how many types and details?what is cash flow and funds flow?what is capital gain? Read Answers (4) | Asked by : T.K.B.Srinivasan If i have paid for something why cant i expense the entire amount on the income statement?why do we need to make an adjustment to the insurance policy at the end of the year? wouldn't it have easier to record the entire balance as an expense in November when the policy was ?purchased?why do I need to take an inventory count of my supplies at the end of the year?If I receive the Hydro bill on August 5th, why don't we record the transaction for the next fiscal period rather then include Read Answers (1) | Asked by : Nick Latest Answer : A financial institution that sells shares to individuals and invests in securities issued by other companies is called fund & we can also define this as reserve of money set aside for some purpose is called fund A Prompt payment for goods or services ... Read Answers (1) | Asked by : anitha Which items belong in income statement and do not belong in balance sheet statement Latest Answer : examples of a income statement and balance sheet ... Read Answers (4) | Asked by : johnny What is the difference between financial account and financial statement Latest Answer : Financial Account is an Individual ledger of an account (Ex: Sales A/c, Purchase A/c, Vendor A/c, Customer A/c), whereas Financial Statement is a final picture of an organisation like Profit & Loss Account and Balance Sheet ... Read Answers (1) | Asked by : Pavan Kumar A companys' prinicpal activity is to buy land for development. It is like investing in land and then developing it. Do you treat this land as available for Sale or fair value through statement of Where do you put non current lease payment on a statement of cash flow? Your client is preparing financial statements to show the bank. You know that he has incurred a computer repair expense during the month, but you see no such expense on the books. When you question the
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