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Why is it possible to prepare financial statements directly from an adjusted trial balance?
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Is it possible to prepare financial statements without the help of trial balance under accounting for incomplete records?
no
What is purpose of standards?
A standardized accounting system has predictable elements and structure. A standard system produces financial statements that make it easy (at least possible) to compare results for businesses within the same industry. And, since the structural elements are the same across the board, once you understand the financial elements of the system, it is possible to understand any financial statements for any industry.
How Financial ratio analysis is performed?
Financial Ratios are mathematical assessments of financial statement accounts. Financial Ratio Analysis is performed by comparing two items in the financial statements. The resulting ratio can be interpreted in a way that is not possible when interpreting the items alone. In simple words, we are analyzing interrelationships.The Proprietory of an organization don't have enough time to read the lengthy numeric financial statements (profit loss & balance sheet) and it takes a lot of their time to understand and analyzed the whole financial statements so they always preferred Financial Ratio Analysis to keep an eye on their business' financial position.I have written a very well piece of article on Financial Ratios you can visit my blog to get details.
Is it possible to use multiple else statements with if statements?
yes
2 What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period?
The advantage of using comparative statements of financial analysis is that makes it possible for a company to see how account values have changed over a period or periods of time. It also allows companies to trace what has happened to key assets and liabilities over the pwo or three years. It can be called the "trendy analysis"
Is it possible to prepare financial statements without the help of trial balance under accounting for incomplete records You need to give your view point along with proper justification and explain?
no
What are the different types of thesis statements?
there are 32 types of thesis statements possible
How do you answer personal statements?
As smartically as possible
Adjusted odds ratio?
adjusted odds ratios are the odds of a dichotomous event being true adjusted for or controlling for other possible contributions from other variables in the model.
How do you record contingent liabilities?
A contingent liability is recorded in financial statements or books of accounts only if it is a probable contingency and if the liability amount can be estimated. No need to make a journal entryÊif the contingent liability is possible but not probable.Ê
Where is it possible to view an executive summary?
An executive summary is a business document containing mission statements, company information and financial information. They can be found in the annual company reports of businesses and some companies make them available on their websites.
How do you write application to school principal can not afford fees?
In the letter to the school principal, explain your financial situation and detail why you are unable to afford the fees. Provide any relevant supporting documents, such as income statements or bank statements, to strengthen your case. Be polite and respectful in your request, and offer to explore alternative solutions or payment plans if possible.
