a credit memo
after all current entries are posted
The source documents upon which the accounts are prepared will be evidence that the accounts for the business have been correctly prepared.
In Accrual accounting system, goods are sold to customers on credit with different terms for repayment of money. So to tracking the repayment of money from customers "Accounts Receivable Aging Schedule' is prepared to check how much money due within next 30, 60, 90, 180 or 360 days.
There really is not any reasons as to why there would be an incomplete record. The only way would be from a computer error or just someone providing the incorrect information.
It is a branch which had able to prepare its own accounts on its books then we say that is an independent branch. Accounts prepared by it is technically called as independent branch accounts.
after all current entries are posted
The source documents upon which the accounts are prepared will be evidence that the accounts for the business have been correctly prepared.
In Accrual accounting system, goods are sold to customers on credit with different terms for repayment of money. So to tracking the repayment of money from customers "Accounts Receivable Aging Schedule' is prepared to check how much money due within next 30, 60, 90, 180 or 360 days.
debit memo
I am not sure what you are referring to, but in the words "customer advances" I will assume you are referring to a person or company providing a service or product to the customer with expectations of payment at a later date. If this is the case, then the recording of this would be seen in Accounts Receivable or Notes Receivable (depending on the amount of time the customer is given to pay the amount). If not paid out in the period when the Balance Sheet is prepared such advances are listed under assets using the same account (Accounts or Notes Receivable) Please Note, if they are paid off, then the balance is removed from Accounts/Notes Payable and recorded into Revenue (Income) which is not on the Balance Sheet.
Adjusting entries are the accounting entries of rent receivable that are prepared at the end of the financial year. As a result, adjustments are made for the new financial year based on the previous year.
The Power of Attorney, the Commercial Invoice, and the Pro Forma invoice are all export documents that are required to be prepared by the exporter himself.
There really is not any reasons as to why there would be an incomplete record. The only way would be from a computer error or just someone providing the incorrect information.
It is a branch which had able to prepare its own accounts on its books then we say that is an independent branch. Accounts prepared by it is technically called as independent branch accounts.
written document finacial document
single entry method
yes