0
Explain what purpose the Statement of Realization and Liquidation serves?
Wiki User
∙ 15y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is difference between revaluation account and realization account?
Revaluation account and Realisation account both are nominal account. the purpose of revaluation account is taking the effect of fluctuations in asset & liabilities in their books while purpose of realisation account is to closing the books of accounts of a comapany or a firm. Revaluation a/c is made when any fluctuation in value of an asset takes place. realisation a/c is made at the time of liquidation of a company or a firm.
What is the purpose of a projected income statement?
Purpose of projected income statement to foresee the future of company based on certain assumptions during the planning stage.
What is the purpose of statement of account?
The purpose of a checking account statement, or any type of account statement for that matter, is to keep track of your account and make sure that no fraudulent activity is happening without your knowledge. Better to be safe than sorry!
What is the purpose of a statement of account?
The purpose of a checking account statement, or any type of account statement for that matter, is to keep track of your account and make sure that no fraudulent activity is happening without your knowledge. Better to be safe than sorry!
What is the purpose of periodic performance reports in real estate?
Explain the purpose of a periodic performance report (two benefits)
What is the main purpose of the thesis statement?
The main purpose of the thesis statement is to present the main idea or argument of the paper and guide the reader on what to expect in the rest of the content. It serves as a roadmap for the paper, outlining the central point that will be discussed and supported throughout the writing.
The thesis statement's primary purpose is to?
The primary purpose of a thesis statement is to present the main argument or central idea of the paper, guiding the reader on what to expect in the content. It serves as a roadmap for the paper's structure and helps to keep the writer focused on the main point throughout the writing process. Additionally, it helps to establish the scope and direction of the paper.
What is the purpose of a disclosure statement in the life insurance policies?
To explain features & benefits of a proposed policy to the consumer
What does preamble mean?
1. A preliminary statement, especially the introduction to a formal document that serves to explain its purpose. Source: Answers.com
The goal of a statement of purpose?
The goal of a statement of purpose is to provide a clear and compelling overview of your academic and professional background, career aspirations, and reasons for applying to a particular program. It should demonstrate your commitment, passion, and suitability for the program you are applying to, and showcase your unique qualifications and experiences.
Sample statement of purpose to join hotel industry?
can i know about statement of purpose?
What is WikiPedia's mission statement?
A mission statement is a statement of purpose written by the founders of a company. There is no publicly published mission statement for Wikipedia .
What is difference between revaluation account and realization account?
Revaluation account and Realisation account both are nominal account. the purpose of revaluation account is taking the effect of fluctuations in asset & liabilities in their books while purpose of realisation account is to closing the books of accounts of a comapany or a firm. Revaluation a/c is made when any fluctuation in value of an asset takes place. realisation a/c is made at the time of liquidation of a company or a firm.
What is a statement of intent and how is it different from a graduate student's statement of purpose?
Hi... Both of them are the same. The term statement of purpose is little old. The trend today is statement of intent. Regards
What are the most important components that should be included when writing a mission statement?
A mission statement should include the organization's purpose or reason for existence, its core values that guide decision-making, and the target audience or stakeholders it aims to serve. It should be clear, concise, and inspiring to rally employees and stakeholders around a common goal.
Explain the Principal value of mission and vision statement?
Many organizations develop both a mission statement and a vision statement. Whereas the mission statement answers the question, "What is our business?" the vision statement answers the question, "What do we want to become?" Both the vision statement and the mission statement ensure unanimity of purpose within the organization and make important statements about "who the firm is" and "what it wants to become" to outside stakeholders.
Explain the purpose of the discriminant?
the purpose...... it yet to be known
