0
Is it legal for the board of trustees to take money from a fixed account and put it in a general account?
Wiki User
∙ 11y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What will be Journal entry for purchase of building from general reserve account?
General reserve account cannot be used for purchases of building as general reserve accounts is fixed for some limited kind of transactions like
Name the 7 journals from which totals are posted into the general ledger?
sundry creditor capital account fixed assest bank account profit and loss
What is the General journal entry to write off obsolete assets?
debit accumulated depreciationdebit loss on assetcredit fixed asset account
The difference between the balance of a fixed asset account and the related accumulated depreciation account is termed?
Net Fixed Assets is the term used for the difference between the balance of a fixed asset account and the related accumulated depreciation.
What are the functions of Habib Bank Ltd?
saving account fixed account current account
What is the journal entry for lost of fixed assets?
debit loss of assetcredit fixed asset account
How do you withdraw from a fixed deposit account?
You cannot withdraw from a fixed deposit account without cancelling the note, which will likely incur a cancellation fee...
What are the types of deposits in SBI bank?
State Bank of India offers different types of accounts. They are: a. Savings Account b. Current Account c. Fixed Deposit Account d. Recurring Deposit Account e. Senior Citizen Deposit Account f. Senior Citizen Pension Account g. Etc.
How do you write a letter to bank manager for closing fixed deposit?
To Manager Subject: Closing Fixed deposit account. This is to inform you that, My Fixed deposit will mature on 01/12/2012, Kindly request you to transfer the fixed deposit to my Saving account, details are mention below. Name: Saving bank account: your faithfully *****
Is petty cash a fixed cost?
No, petty cash is a control account not an expenditure account.
how cna my facebook account be fixed after I have been hacked?
how can I fix my facebook account after I was hacked
What is the meaning of fixed account?
I wasn't sure about this question, so I hope that I changed it to clarify a few things. The original question being meaning of "fix" account, assuming you mean "fixed" account. A fixed account (Fixed Assets) refer to asset accounts that are stable, or "fixed", meaning not easily turned into cash. Fixed assets go under Property, Plant & Equipment (PP&E). These include, Property owned by the company, Plant (buildings, etc), Equipment used in the business, hence the term PP&E.
