It is the statement of change in financial position, prepared to determine only source and uses of working capital between date of to balance sheet.
The results of the accounting process are the 5 core financial sections: Balance sheet Income statement Statement of changes in equity Statement of cash flows Notes to the financial statements.
When one sell one's house, a lot of costs will be involved. These include cost for cleaning the house in preparation for viewing, preparing a home report, estate agent's commission, bridging loans, and capital gain tax.
An internal audit is a thorough check of all of the figures involves in a number of transactions by someone who was not involved. Those who are involved also need to justify what they did and why.
ACCOUNTING CYCLE : An accounting cycle is a complete sequence beginning with the recording of the transactions and ending with the preparation of the final accounts.The sequential steps involved in an accounting cycle are as follows : 1.jounalizing,2.posting,3.balancing.4.trail balance,5.income statement(trading & profit & loss account to ascertain the profit or loss for the accounting period),6.position statement(balance sheet) ACCOUNTING PROCESS IS ALSO CALLED ACCOUNTING CYCLE. ACCOUNTING PROCESS : It consists of the following stages/helps : 1.recording of entries for all business transactions in journal. 2.posting of entries into ledger. 3.balancing of accounts. 4.preparing of trail balance with the help of different accounts to know the arithmetical accuracy. 5.preparing final accounts with the the help of trial balance.----trading & profit and loss account to know the profit or loss.-----balance sheet to know the financial position (of a company for year end or a period)
hat may be involved in the distribution of finance in support of organisational activities?
Synthesis is the chemical reaction that is involved in the preparation of the Thiazin from Chalcone.
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Synthesis is known as a reaction is involved. E.g. solid state reaction. but preparation is a process involved it. E.g. sol-gel method.
This is a reduction mechanism and can be done using Zinc Dust or Sodium Borohydride
Lipase is used in the preparation ofdetergents.but,why it is used?
clearing, digging, raking and ridging
preparation of metallic glassesThe process involved in the formation of metallic glasses is melt spinning technique.
which components have to be considered when preparing a sales budget?
Home remedies are very different. The chemistry involved depends on what the home remedy is.
it has numbers involved in the statement
transport absortion