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I'm not an expert, am also looking for more answer about this. What I know so far is that Clean Surplus Accounting is an idea that tries to eliminate the discrepencies in the reporting of owner's equity and earnings due to different reporting practices by different companies. In essence, it should results in truly comparable equity value for a company.
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∙ 16y ago
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What is accounting treatment of surplus or deficit on investment?
No such thing. It's probably a gain or loss on investments.
What is the definition of 'Capital Surplus'?
Capital Surplus is an accounting term, which may be referred to as Additional paid in capital. This is the additional amount over par value of the shares that is raised by a company.
Accounting treatment for surplus of revaluation of fixed assets?
a revaluation increase is credited to equity as a revaluation surplus, unless it's a reversal of a revaluation decrease, when it should be recognised as income.
What is allocable surplus?
According to Payment Of Wages Act 1965, Allocable Surplus means; In relation to an employer, being a company (other than a banking company) which has not made arrangements prescibed under Income Tax Act for the decalration an payment of dividend in accrdance with section 194 of that Act, 67% of such available surplus in an accounting year.In any other case 60% of such available surplus.
What is meant by surplus?
Being more than or in excess of what is needed or required. In accounting a non-profit organisation does not make a profit; any excess income over expenditure is called a Surplus instead.
When clean bed linen is placed in a client's room and it is not used it should be placed where?
Into soiled bin you can not take them to another's room nor store in clients room Or put back into clean surplus.
What is the acronym of surplus?
surplus
Does China have a trade surplus or a trade deficit?
surplus Quantify the surplus amount as in March 2011
What has the author Henry Rand Hatfield written?
Henry Rand Hatfield has written: 'Lectures on commerce delivered before the College of commerce and administration of the University of Chicago' 'Modern accounting, its principles and some of its problems' -- subject(s): Accounting 'American commerce and finance' -- subject(s): Commerce and industries, Banks and banking 'Surplus and dividends' -- subject(s): Accounting, Finance, Investments, Stock companies
What is landform of surplus farming?
Surplus farming is not a landform. A surplus is a quantity greater than required, it is possible to have a surplus from any fertile ground.
Is surplus a homophone?
Yes, "surplus" is a homophone. The word "surplus" sounds the same as "surplice" when pronounced, but they have different meanings and spellings.
What is the analogy of surplus?
SURRENDER : OPPOSITION :: surplus :
