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general ledger, general journal, special ledger, special journal, column balance ledger.
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What is the all time company scare record on Monsters Inc?
All time scare record is 56 or 57 tubes/barrels of scream energy
What is a CommSec Client ID?
A CommSec Client ID is an eight digit code given to the costumers of the company which allows them to view their all of their different CommSec accounts .
What is the Relationship between promoter and a company?
relationship between a company and a promoter is fiduciary .He is bound to disclose all the accounts and other contracts he entered into before incorporation of the company to an independent and competent board of directors so that he may be held accountable for any ill gained profits and may be held accountable for them before the board.
What is the Houston Astros all time won loss record?
Through the 2008 season, the Astros all time regular season record is 3738-3747 and their all time playoff record is 21-35.
What types of information is collected and stored using electronic health records?
An electronic medical records system contains information about all patients data that could originally be found in the paper record. The information is ranging from pathology, radiology and clinical information.
Why ledger is called king of all books of account?
Ledger is called the king of all books of accounts because all entries from the books of original entry must be posted to the various accounts in the ledger. It should be noted that journal contains a chronological record while ledger contains a classified record of all transactions
The accounts payable ledger contains all of the balance sheet and income statement accounts.?
No, the AP ledger contains the listing of all the counterparties (e.g. vendors) the company owes money to. The AP ledger is what feeds AP on the balance sheet.
What does bookkeeping clerk do?
A bookkeeping clerk has much to do with the accounts of the company. Make a record of all the financial transactions, making ledgers, journals, balance sheet for the company profit.
Do banks have to keep a record of all accounts ever had?
Yes.
Is accounts payable a debit or credit?
Accounts Payable is the amount which is payable by company for the merchandise purchased by company but payment is due in future, as it is the liability of company so like all liability accounts it has credit balance as normal balance.
What is a written record of all transactions with banking or credit accounts?
Bank Statement.
The ledger that contains all accounts needed to prepare financial statements is the?
source document
What contains a collection of folders that are shared amongst all of the user accounts?
Public folder
What is payable liabilities in accounting?
Accounts Payable and Notes Payable are liabilities. Accounts receivable - assets All "payable" accounts are "liabilities". This is because a liability is something the company OWES, a payable is the... Yes, Current Liabilities are liabilities that will be paid off in one year or less. Accounts payable is where you record such liabilities. If it's a payment that will be made in more than one year.
How do you use account payble and receivable?
These are basic accounts. Accounts Payable is used by one company to record the amount owed to it by another company or person. Accounts payable is a liability account. Say your company purchases inventory from another on account, your company records what it owes as a liability in accounts payable. AP increase with a credit and decrease with a debit. The opposite is true with Accounts Receivable. Your company records money owed to it by another company or person in AR. AR is a asset account and therefore increase with a debit and decreases with a credit. How to use these accounts are pretty simple and straight forward for the basics. Let's say we are company A, we purchase inventory from Company B on account. We use AP - Company B and record the purchase, we credit the amount to that account. So say we purchased Inventory in the amount of $500 on account our first recording would be: Inventory (dr) $500 AP - Comp B (cr) $500 No cash has changed hands at this point so cash does not figure into this transaction. Now AR, say we sale inventory to Company B on account for $500, The transaction is as: AR - comp B (dr) $500 Sales (cr) $500 Again not cash has changed hands at this time. Most company's use a subsidiary ledger to record individual accounts, then a general ledger to show a running total of all AP and AR accounts.
Does accounts receivalbe carry a credit or debit balance?
Accounts receivable is an asset of company and like all other assets accounts accounts receivable also has debit balance.
Does an accounts payable ledger contain all of the balance sheet and income statements accounts?
No, the accounts payable ledger only contains information related to supplier accounts. The balance sheet and income statement accounts are contained in the general ledger.
