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Where contigent liabilites are shown in balance sheet?
Contingent liabilities does not show in balance sheet rather it is provided in notes to financial statements as a note about contingent liability and detail etc.
What are the Nature of Balance Sheet?
The nature of a balance sheet is to list every financial business and resource obligation that a business has. They detail many aspects like liabilities, equity, and assets.
The difference between book values and market values on the balance sheet and explain which is more important to the financial managers and why?
Discuss the difference between book values and market values on the balance sheet and explain which is more important to the financial manager and why?
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.
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.
The balance sheet is thought of as being a snapshot of the business explain this statement?
because people have to see what assets they are loan for
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
