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Intangible assets are amortized on balance sheet same as tangible assets are depreciated.
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∙ 9y ago
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How do you catagorize the pre-operative expenses?
Pre operative expenses are categorized as preliminary expenses and shown as other assets in balance sheet and amortized over period.
Is Loan on balance sheet or off balance sheet?
Loan is on balance sheet
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.
Is preliminary expenses is a administrative expenses or selling expenses?
Preliminary expenses are neither administrative expenses nor selling expenses rather these are classified as other assets in balance sheet and amortized over period of life of business.
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.
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?
Allowance for doubtful accounts is reported in the a balance sheet or a income sheet?
balance sheet
Is EB-IT shown in balance sheet?
EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.
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.
