0
Where does gain on sale of investment belong in the elements of financial statements?
Wiki User
∙ 10y ago
Gain on sale of investment is shown in profit and loss account as well as on cash flow from investing activities as well.
While making cash flow statement this needs to be deducted from cash flow from operating activities and needs to be shown in cash flow from investing activities
Wiki User
∙ 10y ago
Wiki User
∙ 10y agoGain on sales of investments is shown in income statement as other income as well as it is also shown under cash flow from investing activities of cash flow statement.
Add your answer:
Earn +20 pts
Where does inventory belong in the elements of financial statements?
Assets
What part of the elements of financial statements does paid in capital belong to?
assets
What part of the elements of financial statements does retained earnings belong to?
equity
What part of the elements of financial statements does additional paid-in capital belong to?
equity
What part of the elements of financial statements does loss on sale of equipment belong to?
Loss on sale of equipment is shown in income statement as other loss.
Where does additional paid in capital belong in the elements of financial statements?
Additional paid in capital is also part of paid in capital of business and shown as an addition to already exists paid in capital of business.
Which part of the elements of financial statements does sales belong to?
If I understand your question correctly, sales is revenue, which is part of owner's equity. So you would use that amount in your income statement, and your trial balance (if you use one).
What group does the alkaline earth metals belong to?
The alkaline earth metals belong to group 2A elements. The alkali metals belong to group 1A elements. The halogens belong to group 7A elements. The noble gases belong to group 8A elements.
What elements belong to the p block?
Elements which have their valency electrons in the p sub shell belong to this. Elements of groups 13,14,15,16,17,18 are in p block.
What family do diatomic elements belong to?
They belong to different families but HALOGENS family consists of diatomic molecular elements.
What family or group do the representative elements belong?
the representative elements belong to the main group in the periodic table - rosellnica balasoto
What is the union of X and Y?
The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.
