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Are Accounts records of increases and decreases in individual financial statement items?
Wiki User
∙ 12y ago
NO, The ledger does
Wiki User
∙ 12y ago
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As the velocity of a fluid increases the pressure exerted by the fluid decreases this statement is?
Bernoulli's Principle
What general statement can be made about the relationship between air pressure and altitude?
Air pressure decreases as altitude increases.
A person's driving ability increases as the amount of alcohol in a person's body increases True or False?
It is a false statement that a person's driving ability increases as the amount of alcohol in a person's body increases. Their driving ability actually decreases.
In preparation of fund flow statement How can you treat If the working capital decreases?
when working capital decreases it should be written under the head SOURCES OF FUNDS in fund flow statement. and when W/C increases it should be written under APPLICATION OF FUNDS.
Why are there no debit or credit columns on financial statements?
because the inside column on financial statements is used for subtotaling
What is a personal financial statement form for?
A personal financial form is a formal record of all the financial activities completed by that entity, whether a business, or an individual. Reported assets, liabilities, equity, income and expenses are directly related to an entity's financial position, and a financial statement should present this clearly.
Can you consider notes to financial statement to be a financial statement?
Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
Where can one find financial statement software?
CNet is a resource for a variety of downloads, including financial statement software downloads. This software can also be found at Financial Statement Pro and My Financial Statement.
What is a Statutory financial statement?
A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.
What is financial statement?
financial comparison statement is a statement showing the trend in which financial figures are changing between two accounting period.
What should a businesses financial statement contain?
it should contain statement of comprehesive statement, statement of financial position and statement of cashflows
