0
List 6 types of expenses that would have a Control Sheet?
Gabrielagutierrez
Yeast infection, climitia, syphilis, ghonarea, aids, and finally the most important of all herpes
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Where does accounts receivable go on a multi step income statement?
Accounts receivables would be included in the balance sheet. The income statement reports revenues and expenses. Accounts receivables is an asset account and all the asset, liablities and equity accounts are reported on the balance sheet.
What is meant by selling expenses?
Selling Expenses are the expenses directly related to producing sales. Typical Selling Expenses would be Advertising and Salesman's Commissions.
What is the definition of functional expenses?
Functional expenses are expenses grouped together according to the purpose for which the expense occurred. Some examples of this would be administrative expenses, program expenses, or cost of goods.
Calculating Cash Basis Net Income?
would consist of prepaid expenses and accrued expenses
What is journal entry of outstanding expenses?
Outstanding expenses are those which are yet to be paid in current financial year. Journal entry would be Expenses a/c dr to Outstanding expenses a/c Outstanding expenses should be crecdited because its a liability for the company.
What are accrued expenses reported on the balance sheet as?
As you accrue expenses, they show up as a CREDIT on the balance sheet, and a DEBIT on the income statement. Then as you actually incur the expense and pay out, you would CREDIT your cash account, and DEBIT the accrued liability account on the balance sheet. For example, if you expect to spend $12,000/year on business travelling expenses, you would accrue $1000 monthly as a CREDIT to your accrued liability account (on the balance sheet), then a DEBIT to the expense account (on the income statement). When you actually do incur the expense and pay out, you CREDIT your cash account, and DEBIT the accrued liability account. Thus, the accrued liability account is cleared out and eventually washed out to zero.
How can find out profit into balance sheet?
To determine profit in a balance sheet, you would need to look at the income statement. The income statement shows revenues and expenses for a specific period, such as a year. At the end of the period, the net income (profit) is transferred to the balance sheet as retained earnings. The retained earnings section of the balance sheet will show the accumulated profit over time.
When are prepaid expenses are reported on the income statement as expenses?
Prepaid expenses do not go on the income statement as they are classified as assets. They are amortized over the time period being paid for.Example: If you prepaid $600 dollars for 6 months rent. Then $100 dollars would be expensed each month and the remaining amount is reported on the the balance sheet.
Intercompany should these appear on the PL or balance sheet?
If your question relates to paying Company A's expenses with Company B's money, those entries belong in accounts; "Due to Company B" and "Due from Company A", which would appear on the balance sheet.
Where does accounts receivable go on a multi step income statement?
Accounts receivables would be included in the balance sheet. The income statement reports revenues and expenses. Accounts receivables is an asset account and all the asset, liablities and equity accounts are reported on the balance sheet.
On a yacht wHat is a sheet?
On sailing vessels ropes are called sheets. The rope that is used to control the main sail, for example, is known as the main sheet. Ropes that control the jib sail are known as jib sheets, etc. The expression "three sheets to the wind" to describe someone who is inebriated, comes from the fact that if three of the ropes that control sails were loose and "to the wind" the vessel would be out of control.
How do you make a chart open in Excel with nothing other than the chart showing?
You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.You would need to have a chart sheet in the workbook. When you save the workbook, have the chart sheet as the active sheet. When the workbook opens, it will be on the chart sheet, so that is all you will see.
Does salaries expense go on the balance sheet?
Expenses are never listed in the balance sheet regardless of what they are for. Expenses appear on the income statement. At the end of the accounting period (fiscal or calendar year) expenses are close out.
What is meant by selling expenses?
Selling Expenses are the expenses directly related to producing sales. Typical Selling Expenses would be Advertising and Salesman's Commissions.
What is the definition of functional expenses?
Functional expenses are expenses grouped together according to the purpose for which the expense occurred. Some examples of this would be administrative expenses, program expenses, or cost of goods.
How do you get board mark-sheet?
i have lost my mark-sheet of 10. tell how would i get it i have lost my mark-sheet of 10. tell how would i get it
How do you list prepayed expenses on the liability side of the balance sheet?
Pre-paid Expenses are not listed as a liability, they are an asset. If there is a liability, by definition, it has not been pre-paid. If you receive an invoice in Month 1 which is due in Month 2 for an expense related to Month 3, there would be no entry in Month 1. When the invoice is paid in Month 2, you would set-up a pre-paid expense which would then be expensed in Month 3.
