it is a intrest which is calculated for the period starting from closing of accounting period to the date of maturity of the bill of exchange issued during accounting period. it is reversal entry
Red ink indicates that it's a United States Note.
It means that red ink was used. There is no other significance
It means that red ink was used. There is no other significance
full of corrections.
blue ink is blue... not red
Black ink on the ledger means that the business is showing a profit. Red ink shows a loss.
Standard accounting ledger entry procedure (long before computers and spreadsheets) Black ink = used to enter Credits Red ink = used to enter Debits If Total is 'in the red', you're losing money If Total is 'in the black' you're in profit
all you have to do is add a tiny bit of black ink into it.
Let me guess...you have a bottle of black ink and you want to do a red tattoo. The ONLY way you can do a red tattoo is to use red ink. No amount of dilution will make black ink red.
Simply put, accountants record their numbers in different colored ink. Positive balances in black ink (good), and negative balances in red ink (bad).
RED Ink Records was created in 1997.
No. they have INK in them. eg. blue ink,red ink,