0
Receiving cash for fees earned affects which financial statement?
Wiki User
∙ 13y ago
cash as a debit and fee earned as a credit
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Which financial statement shows the net income earned by a company?
The income statement.
WHAT IS YTD?
YTD (accounting year to date) revenue is the amount of money earned from the beginning of the financial year until the date the financial statement was prepared.
What is ytd revenue?
YTD (accounting year to date) revenue is the amount of money earned from the beginning of the financial year until the date the financial statement was prepared.
Does fees earned go on an income statement?
income statement
Can you get earned income credit for kids while receiving disability?
no cause your already receiving credit.
What is a financial statement, and how do you read one?
A financial statement is a record of financial activities of a person or business. It is difficult to summarize in a few sentences how to read a financial statement, however the website PracticalECommerce has a tutorial available explaining how to read one.
Is unemployment compensation earned income when receiving social security benefits?
no
What is the difference between financial year and accounting year?
They are the same; in the financial year we earned income.
What does the statement of changes in retained earnings consist of?
The statement of changes in retained earnings, also known as the statement of earned surplus, is documentation that only details the changes in earned capital: the net income and the dividends for a given period.
Why is the Statement of Cash Flows needed when most of the information in it is available from a firms comparative Balance Sheets and Income Statement?
Cash flow statment is required to find out how much cash inflow and outflow is from operating, financing and investing activities company has earned and this information is not provided by any other financial statment.
What is the amount of money paid or earned for the use of money?
Interest is earned or paid for the use of money
Which statement indicates that the company earned a net income?
Profit and loss
