Advance subscription of shres
balance sheet and cash flow statement
balance sheet and statement of cash flow
reserves surplus
where we can show bank overdraft in balance sheet
Receivables from employees and officers should be listed separately on the balance sheet due to most receivables are from sales. This allows outside stakeholders to see an accurate picture on the company's ability to collect on credit sales.
off balance sheet items means: Important things relevant to the growth, survival of a company not able to disclosed in a balance sheet as balance sheet always in figures only. hence footnotes will be given called as notes on account. example: a balance sheet is prepared on 31st march. auditor certify balance sheet on june 30th but fire accident happened in the company on june 15th and total assets of the company destroyed. hence while certifying the balance sheet on june 30th, while giving the figures of values of assets of the company on 31st march, the AUDITOR SHOULD REPORT the loss of the assets and the drastic position happened to the company in the notes on account. otherwise the balance sheet gives wrong picture. like that off balance sheet items means: new opportunities grabbed by the co. new deals. new projects etc., which can not be disclosed in balance sheet.
I want company balance sheet as per schedule 6 part1 of the companies act. 1956.
If you answered all questions on the life insurance application honestly, there should not be a problem. If however, some questions were not answered truthfully, and the medical issues not disclosed on the application led to the death of the insured, the life insurance company may dispute the claim, and not pay it. This situation may be considered a material misrepresentation. If information was not disclosed to the insurance company regarding a medical problem of the applicant, that would have caused the insurance company to decline the applicant for coverage, this would be considered a material misrepresentation of the facts. Depending on the medical issue not disclosed, and if it directly led to the insured's death or not, the insurance company may dispute payment, or deny coverage and return all premiums paid with interest, or pay the claim. It's always best to answer all questions truthfull when applying for life insurance.
In a company balance sheet.In a company balance sheet.In a company balance sheet.In a company balance sheet.
Unearned income is type of income which we actually has received from client but not yet earned that's why it is liability of company and shown at liability side of balance sheet. For Example: Advance received for sale of 100 units of $10 each. Untill company not transferred the goods to buyer it is our liability and not income yet.
A company wide application can be termed a company policy.
because profit is earned on the capital invested which is not the company's money. capital is also like a liability and the profit should actually be given to the owner and the money is still there with the company so it is again a liab. for the company to pay the profit which is a return on the capital invested by the owner.