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Where to put rent expenseon financial statement?
in p&L a/c
How do you show small business investor payback on balance sheet?
Simply put: you don't show investor payback on a balance sheet. By definition, the balance sheet is a statement of financial position; a snapshot of the company's financial situation at a particular moment in time. Nor should you show the investor payback on the Cash Flow, P&L or Changes in Stockholder Equity Statements. We recommend showing the investor payback as a footnote to the P&L Statement, the Cash Flow Statement as well as a paragraph in the text of your document. In the paragraph, we recommend explaining 'how' you calculated the payback, what assumptions you used and over what period of time.
What is the journal entry to record the unrealized loss on donated stock?
Dr. Unrealized loss on investment in Company B (P&L) Cr. Investment in Company B (B/S)
What is the difference between consolidated and combined financial statements?
Consolidated f/s like combined f/s sum up the reporting entities or subsidiaries transactions into a total. The difference is that consolidated f/s will eliminate transactions where subsidiary entities bought and sold goods or loaned each other money. For example lets say we have Parent company P and subsidiary companies S and T. S sells 1,000 widgets to T for 10 each = $10,000. S would record revenue of $10,000 and T would record expense of $10,000. However when P consolidates the f/s P would eliminate that sale as an inter-entity transaction, if not, then revenue and expenses would be over stated by $10,000. P is really just moving money from one pocket to another, there is no sale where P actually gains real income. Hope this was helpful.
What is Financial Assets Designated as Fair value Through Profit and Loss?
It means that firms can choose to report some investments that might otherwise be classified as AFS or HTM to be treated TS at fair value. The unrealized and realized gain and loss on designated financial assets and liability will be recorded in the P/L. AFS: Available for sale HTM: Held to maturity TS: Trading security
What is master p record company name?
no limit
What is Beyonce's cats name?
MASTER P MASTER P
What is master p real name?
Master P's birth name is Percy Robert Miller.
What is the name of master p daughter?
you mean p miller? it's cymphonique miller. if another master p, i don't know.
Master p real name?
Percy Miller
What company does William P. Foley II work for?
Fidelity National Financial
Whatis master p's real name?
Percy miller
What is the name of sokka's master off of Avatar the Last Airbender?
im not how it is pronounced but the name of Sokka's master is P-N Dow
What is master p wife name?
Sonya Miller and she is his ex-wife
What is the name of all the groups master p produce?
No limit records
Who has more money master p or p diddy?
Master p
Who is richer master p or puff?
Master P
