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Suppose i buy one good for Rs.1000.00 now i want sell that goods Rs. 7000.00 my question is it comes under Balance sheet or Profit and loss account?
Wiki User
∙ 9y ago
when you buy good for 1000 that good will be shown under balance sheet as an inventory and when u will sell that it will show as sales revenue of 7000 in income statement.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agowhen you buy good for 1000 that good will be shown under balance sheet as an inventory and when u will sell that it will show as sales revenue of 7000 in income statement.
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After posting the journal entries to the ledger what is the balance of the cash account?
In order to answer this question, you would need to know the amounts that were originally provided in the account balance and the ones that were booked in the ledger.
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After logging into the account in question, click on the "My Account" option. This will make it so the account details, such as balance, credits, debits, etc, can be accessed and viewed.
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$452.50
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After posting the journal entries to the ledger what is the balance of the cash account?
In order to answer this question, you would need to know the amounts that were originally provided in the account balance and the ones that were booked in the ledger.
Using the information provided in question 2 what is Nicks current account balance?
453.56
How do you check my sbt account details?
After logging into the account in question, click on the "My Account" option. This will make it so the account details, such as balance, credits, debits, etc, can be accessed and viewed.
How can you find out your account balance?
Your account balance can easily be accessed by visiting your banker's site,click on account balance after putting your account no and you will have it instantly. Or you can update your bank passbook to ascertain your account balance.
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3 Using the information provided in Question 2 what is Nick's current account balance?
$452.50
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Average Balance account
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Service revenue on a balance sheet?
I'm not sure I fully understand your question. Revenue would never be on a balance sheet, it is an income statement account.
