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Where do Rental deposits appear in balance sheet?
Liability - It is not your money until the tenant moves out and is either reimbursed or used up.
Difference between on balance sheet financing and off balance sheet financing?
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
What is a pro forma balance sheet?
Proforma balance sheet is a projected balance sheet to predict the future of business.
What does it mean a balance sheet does not balance?
my balance sheet does not balance why?
What are post balance sheet items?
Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.
Why fixed deposits and public deposits are unsecured loans and in balance sheet?
fix deposits are not collateralised. that's why they are called unsecured loans every asset and liability comes in B/s
Where do Rental deposits appear in balance sheet?
Liability - It is not your money until the tenant moves out and is either reimbursed or used up.
Is Loan on balance sheet or off balance sheet?
Loan is on balance sheet
Are holding deposits on vehicles refundable?
Not usually. The deposits are to cover reselling costs as they have turned away potential buyers to wait for you.
Difference between on balance sheet financing and off balance sheet financing?
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
What is the difference between a utility deposit and a service initiation fee?
deposits are refundable and fees are not
What accounts are balance sheet accounts?
A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.
Grouping and marshalling in balance sheet?
grouping and marshalling in balance sheet grouping and marshalling in balance sheet
Is there a difference between a merchandiser's balance sheet and a service company's balance sheet?
Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.
Are prepaid accounts assets shown on the balance sheet?
Yes. They are shown as Prepayments (and sometimes lumped together with Deposits) and categorised under Current Assets.
What is a pro forma balance sheet?
Proforma balance sheet is a projected balance sheet to predict the future of business.
What does it mean a balance sheet does not balance?
my balance sheet does not balance why?
