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What are the Steps involved in the preparation of receipts and payments accounts from income and expenditure accountgive examples?
Ignore the opening and closing cash and bank balances on the receipts and payments account. Eliminate all items of capital receipts and payments. Figure out the income of the year by deducting the total income received and adding the income accrued. Find the expenditure of the relevant period as well. When the account is balanced, it will show the surplus or deficit of the account.
How do you show proof of child care payement to noncustodial parent who refuses to pay as court ordered in California?
Receipts of from the business, or the tax registration number for an individual, plus receipts.
Difference between income and expenditure account and p and l account?
Differences Between Receipts And Payments Account And Income And Expenditure AccountThe following are the main differences between receipts and payments account and income and expenditure account: 1. NatureReceipts and payments account is a summary of cash transactions for a period and it is a real account. Income and expenditure account is a summary of expenditure and income like trading and profit and loss account and it is a nominal account.2. ObjectiveReceipts and payments account is prepared to show cash and bank receipts and payments during the period to derive closing balance of cash and bank. Income and expenditure account is prepared to show the net result of the operation during the period to derive surplus or deficit.3. RecordingAll cash and cheque receipts are recorded on debit side of receipts and payments account where as all cash and bank payments are recorded on credit side. In income and expenditure account all expenditure of revenue nature are recorded on debit side and all incomes of revenue nature are recorded on credit side.4. Capital And Revenue ItemsThere is no distinction between capital and revenue receipts and payments in receipts and payments account. All expenses and incomes of revenue nature are recorded on accrual basis in income and expenditure account.5. ContentsReceipts and payments account contains only cash and bank transactions. Income and expenditure account contains both cash and non-cash expenses and incomes of revenue nature.6. Balance Sheet RequirementReceipts and payments account is not required to prepare balance sheet. Income and expenditure account is required to prepare balance sheet.7. AdjustmentsNo adjustments are required in receipts and payments account. In income and expenditure account adjustments are made because it is prepared on accrual basis.
Can you show me receipts codes for build-a-bearville?
no
How can a 17 year old leave foster care in NY?
get emancipated..you have to get a job and show you can support yourself and have a place to live
What is the age limit in foster care?
What are the qualifications for becoming a licensed foster parent? Anyone applying to become a foster parent must meet all of the following qualifications: * * Be of good moral character. * Be willing to provide care for children who are in foster care. * Understand the care which must be provided to the children, or express a willingness to learn how to provide that care. * Have enough time to provide care and supervision for the children. * Have a specific source of income, and be capable of managing that income, to meet the needs of the foster family. * Be of such physical, mental, and emotional health to be able to properly care for the children. * Be willing to work with a child's birth or adoptive family, and be able to show that willingness. * Be able to assure the proper care and safety of children. * Be willing to comply with the licensing rules for foster homes.
Is a court appointed administrator supposed to show heirs copies of receipts paid out if they ask to see them?
That depends on the laws of the state of probate. Generally though, an administrator does not have to show beneficiaries copies of everything he is doing while the estate is being administered. Most state laws allow administrators some freedom from interference from beneficiaries. But, there will come a time when the administrator has to account to the beneficiaries for what he has done and at that time he will have to show receipts for everything in order to prove to them that payments were proper. So, during administration, he might not have to show those receipts upon request, but later on he will. A smart administrator will provide some information to the beneficiaries along the way so they don't get antagonistic. (Antagonistic beneficiaries are not fun to deal with). Plus, if he voluntarilly gives them receipts early on and they don't object, then they might not be allowed to object later on.
Why isn't my Snapchat letting me take videos?
because crack is whack! show me the receipts....
Who would win in a fight Mordecai and Rigby from Regular Show or Frankie Foster from Foster's Home for Imaginary Friends?
Frankie Foster would win.
What happens if you cannot produce the receipts requested for an IRS audit?
what will happen if i do not show up for a irs audit
What is Sara Foster famous for exactly?
Sara Foster is famous for being an award winning Actress. She plays Jen Clark in the show 90210, which was a show that was based in the rich people of Hollywood.
What Broadway show had the highest box office receipts for the last week of 2003?
The Lion King from New Amsterdam.
