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∙ 11y ago
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Is interest on fixed deposit located on income statement or balance sheet?
both.. balance sheet under liquid asset..income statement under inflow/income..
What will not appear on a balance sheet?
temporary acct will not appear on balance sheet
Why does the workforce never appear in a balance sheet?
why is it that workforcs never appear in balance sheet
Where on the income statement can you find fixed assets?
Fixed assets do not appear on the income statement. They are shown on the balance sheet (statement of financial position).
Where do fixed assets go on balance sheet?
they fall in the first column of a 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.
Where does an escrow payable appear on a balance sheet or a income statement?
balance sheet
How would fees receivable appear on the balance sheet?
Fees receivable would appear on the balance sheet as an asset.
When is Bad debt expense removed from the balance sheet?
Bad Debt Expense does not appear on the balance sheet. It is only on the income statement. Allowance for Uncollectible Accounts does appear on the balance sheet.
Where does unearned fees appear on the balance sheet?
On the balance sheet as a current liability.
What is a vechile in balance sheet?
Vehicle is a fixed assets used in business for operations purpose so it is shown under fixed asset portion of balance sheet.
If a longlived asset is not used for a productive purpose should it be classified as an investment?
It should appear on the Balance Sheet as a Fixed Asset and depreciated accordingly.
