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The heading of a balance sheet should have a blue header title.
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∙ 8y ago
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Where should promotional products given to customers be classified in the balance sheet?
They should appear on the Income Statement (NOT the Balance Sheet) as Advertising and Promotion Expenses.
What will the balance sheet heading specify?
period of time
How would fees receivable appear on the balance sheet?
Fees receivable would appear on the balance sheet as an asset.
Will petty cash in hand come in the income statement or balance sheet?
It will be on the asset side under the heading of current assets in the balance sheet.
Do nominal account appear in balance sheet?
No
What will not appear on a balance sheet?
temporary acct will not appear on balance sheet
Why does the workforce never appear in a balance sheet?
why is it that workforcs never appear in balance sheet
Where should promotional products given to customers be classified in the balance sheet?
They should appear on the Income Statement (NOT the Balance Sheet) as Advertising and Promotion Expenses.
What will the balance sheet heading specify?
period of time
What information is entered on the third line of the heading of a balance sheet?
The date The first is the person/ company who you are doing the balance sheet for, and the second is the title "Balance Sheet"
Where does an escrow payable appear on a balance sheet or a income statement?
balance sheet
How would fees receivable appear on the balance sheet?
Fees receivable would appear on the balance sheet as an asset.
When is Bad debt expense removed from the balance sheet?
Bad Debt Expense does not appear on the balance sheet. It is only on the income statement. Allowance for Uncollectible Accounts does appear on the balance sheet.
Where does unearned fees appear on the balance sheet?
On the balance sheet as a current liability.
Will petty cash in hand come in the income statement or balance sheet?
It will be on the asset side under the heading of current assets in the balance sheet.
Where does stationary go on a balance sheet in business studies?
Stationery, as an accounting item, does not appear on a business Balance Sheet. The Balance Sheet is reserved for assets and liabilities. The Income Statement reflects income and expenses and because Stationery is an expense item it will appear on the Income Statement and not the Balance Sheet.
Do nominal account appear in balance sheet?
No
