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Common share are part of equity of business that's why shown in equity section of balance sheet.
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What financial statement does transportation in go on?
INcome Statement
Does accounts payable go on the income statement?
No, it is a Liability and will thus be presented on the Balance Sheet (Statement of Financial Position)
Where can small business owners go to download financial statement forms?
Various websites offer the option to download financial statement forms such as vertex42 and score.org. These should be a good start for you to get on your way.
Where does accumulated depreciation go on a multiple step income statement?
accumulated depreciation is a part of financial statement while its counteract or effect is recorded into income statement as a Depreciation Expense.
Would Accounts payable go under statement of changes in owner's equity in a financial statement?
No. Accounts payable is a liability account, which is used in the balance sheet.
Where can someone purchase Google shares?
There are many places one might go to purchase Google shares. In addition to using a self-trader website, one might also purchase a share from a local financial advisor.
Will Washington Mutual stock go up?
Since Washington Mutual has declared bankruptcy, the likelihood of the company's stock of going up is extremely small. Most often, common shareholders will receive nothing for their shares as the company reorganizes it's financial structure.
If you were buying a business what would you look for in a company's financial statements?
Balance Sheet (What We've Got)Income Statement (How'd We Do?)Statement of Cash Flows (Where'd the Money Go?)
Do birds and reptiles share a common ancestor?
Yes. If you go back far enough, all life on Earth shares a common ancestor.
Why preference shares are less popular compared to ordinary shares?
Preference shares (or preferred shares) act are paid dividends at a fixed rate. They are more like a bond, they will go up in value when interest rates go down and will go down in value when interst rates go up. Most important they do not participate in the growth and success of the company. For example, if you put $1,000 in Microsoft preference shares when it went public 20 years ago it was still be worth $1,000 in contrast, if you put $1,000 in Microsoft ordinary (common) shares they would be worth millions.
Where do the Maintenance expense go on the financial statement?
Maintence Expense is just like any other expense and will be reported on the income statement and deducted from Gross Income to obtain Net Income...
Why is it necessary to prepare a projected financial statement though the future is uncertain?
Projected financial statement shows management the way to go before actually going to that way in this way at least management has the plan where to go how to perform operations what need to do to achieve desired results and if there is any change at least they have something against which they can compare what went wrong.
