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Where on a personal cash flow statement would you record money received when your rich uncle dies?
Wiki User
∙ 11y ago
in the cash in flow colum
Wiki User
∙ 11y ago
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A statement of money received and paid with a balance?
A statement of money received and paid with a balance is an account.
What is the importance of financial records?
it is more important that you record your personal finance because this can help you at any time. For example: you bought something and then you forgot it and when check your bank statement and there are money spend in xxx shop and you can't remember it. So in this situation if you record your receipts you can find it where, when and what did i bought on that money and if you didn't record receipts then this is a big problem. tuation
How do you prepare a personal statement of financial condition?
To prepare a person statement of financial condition, a person needs to list their assets in one column and their monthly bills in another column. Any money they received should be noted as to the source of that money. They should also include any balances owed for loans, mortgages, etc.
Will a personal financial statement template help me save cash?
Yes a personal statement template would be helpful. You can list all your outgoings and it will make it easier for you to see where you could save money.
How does the drawing account affect financial statement?
A drawing account and the only one I know of is usually listed as a Withdrawal account, which is an account used to record money an owner withdraws for personal (private) use. A withdrawal account will affect the financial statement by decreasing assets and owners equity.
What does legacies?
Something received from an ancestor or predecessor or from the past. Such as money or personal belongings.
What is a receipt journal?
cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital
What does wow mean on a bank statement?
it mean aprined record of the money put into removed from a bank account
What is the process by which banks record whose account gives up money and whose account receives money?
Check clearing is the process that banks utilize to record the account that the money originates from as well as the account the money is received at.
What is a cash receipt journal?
cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital
What is the meaning for account type DR?
The meaning of DR on an account is deposit received. This will show up on a person's statement when they have received money in their bank as a direct deposit.
Is it legal to record a movie on tv to watch?
Yes as long as it's for your personal use and you don't make money on it.
