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Trademarks are Fixed assets of company as the benifit for them are taken to business for morethen one year.
Trademarks are shown as fixed assets of company when the payment for trademarks are made and then amortized them like any other fixed asset when the portion of benifit is taken from them from year to year.
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What areThings included in the balance sheet?
Assets, Liabilities and Equity Each of these can be further categorized such as Current Assets, Fixed Assets, Other Assets, etc.
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.
How do you catagorize the pre-operative expenses?
Pre operative expenses are categorized as preliminary expenses and shown as other assets in balance sheet and amortized over period.
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.
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
Is EB-IT shown in balance sheet?
EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.
What are post balance sheet items?
Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.
