The ratio is the formula used by the bank. It is usually speaking of the money that comes in versus the money that goes out.
The ratio is the formula used by the bank. It is usually speaking of the money that comes in versus the money that goes out.
The ratio is the formula used by the bank. It is usually speaking of the money that comes in versus the money that goes out.
You use the cash book balance. The bank balance on the bank statement is just used to reconcile to the cash book balance to see what is due to clear after the reporting period and verify that the cash book balance is correct.
that income is from others company temporary use our bank ,after that we will refund to that company
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Depreciation is not included in balance sheet it is income statement part and accumulated deprecation is use to show deduction from asset in balance sheet.
Check my balance
people use balance sheet to find out the actual performance of company so that they may decide to invest in company.
yes
Because P/B ratio is good for analyzing capital-intensive businesses with lots of assets on their books. Since it ignores intangible assets (such as intellectual property) it wouldn't be good for say, an internet/technology firm, but is better for companies with lots of physical assets on their balance sheet. Also try P/E ratio for banks
No, a company cann't use a bank statement "alone" for the purpose of loan. It needs to show its market capitalisation, if its shares are issued else last 2-3 years balance sheet is suffice!!
No, they normally do not match. This is because the company record transaction they receive remittence advice slips but the clearing time means it could be received after the year end. The company will do a bank reconciliation to identify what transactions are outstanding and how the balance sheet book figures matches to the bank statements. A company does not show the reconciliations on it's financial statements but will retain it for their use.