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What else can I help you with?
What is form 1065 for?
Form 1065, is an IRS form for filing returns for Partnership Firms in the United States, where the partners/owners pay taxes on the firm's incomes. Thus avoiding the double taxation system on C Corporations (Listed Companies like Microsoft and Google)
What is an example of an address?
like lets say 1065 something rd
What does fiscal statement mean?
A fiscal statement is a financial report that summarizes an organization's revenues, expenses, and overall financial position over a specific period. It typically includes statements like the income statement, balance sheet, and cash flow statement, providing insights into the entity's financial health and performance. These statements are essential for stakeholders, such as investors and management, to make informed decisions regarding the organization's financial strategies and operations.
What is a financial statement?
it is combined statement of parent company and subsidary company
Can you provide examples of assets and liabilities in a financial statement?
Assets in a financial statement are things of value that a company owns, like cash, inventory, and equipment. Liabilities are debts or obligations that a company owes, such as loans, accounts payable, and accrued expenses.
Is displaying the LGBT rainbow colors in any form considered a political statement?
Yes, it is a political statement. Just like the peace sign was a political statement.
What is the impact of finance on financial statements?
we can easily see that its a financial statement that means finance is the main reason for whom we are going to make statement. so the impact is surely very much. we cant do anything without the finance in a financial statement.it is like the mother of the statement.or we can say a fish without the water. i hope this short example will help enough.
Where do the Maintenance expense go on the financial statement?
Maintence Expense is just like any other expense and will be reported on the income statement and deducted from Gross Income to obtain Net Income...
Define the purpose of accounting and identify the four basic financial statements?
The purpose of accounting is provide information to the users like investors ,financial institutions and to other clients. The four basic financial statements are balance sheet,income statement,cash flow,statement of retained earning.
What was the purpose of the other deductions made on the financial statement?
The purpose of other deductions on a financial statement is to account for expenses or losses that do not fall under specific categories like operating expenses or taxes. These deductions help provide a more accurate representation of a company's financial health by accounting for all relevant costs and losses.
What is a bank cut off statement?
Cut off statement is the statement of transactions occurred for the 7 to 14 consequent days from the closing date of financial statement like Dec 31 provided by banks. This is useful to check the accuracy of checks outstanding and deposits in transit in accounting.
Calculate net interest margin from bank financial statement?
I have the published financial statements of commercia banks, I would like to identify the elements used to calculate the 'net interest margin' Thanks
