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A statement of money received and paid with a balance is an account.

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10y ago

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Does commission have a balance sheet or income statement account?

If commission is already received or paid then it is income statement item, but if it is still receivable or payable then it is balance sheet item, simple commission is a income statement item


What is the difference between the remaining statement balance and the statement balance on my account?

The remaining statement balance is the amount left to pay after the statement balance has been paid. The statement balance is the total amount due on your account at the end of the billing cycle.


Does expenSes appear in balance sheet?

It depends on the nature, if expenses are paid and benefits are also rendered then expenses will be shown in income statement, but if benefits not received then it will be shown in balance sheet.


Are salaries listed on the balance sheet?

Salaries are part of income statement if paid while if not paid then payable will be shown in balance sheet.


Does taxes paid go on a balance sheet?

Taxes paid is part of cash book or cash flow statement and tax expense in income statement and tax payable is balance sheet item.


Where does tax paid goes in the balance sheet?

Tax paid is not part of balance sheet or income statement rather it is part of cash book.


Where can you find out how much you were paid in social security in 2011?

At the end of the year you will get a statement from Social Security. It will have the amount of money you received, for the year, from Medicare.


How do you know if you have paid off your first balance?

Your next statement should show 0.00 in the Current Balance space.


When might someone see 'credit card 0 balance transfer' on their statement?

'Credit Card 0 Balance Transfer' would appear on your credit card statement if your credit card is paid off in full. This means that you do not have to transfer any money from your bank account to pay off your credit card balance.


What does a minus balance on acredit card mean?

If your credit (not debit) card has a negative balance on your statement, then there is an overpayment (you paid more than you owe). So now they owe you money. This is usually applied towards future charges.


Is debenture interest paid shown in balance sheet?

if Debenture interest is paid already then it will only show in income statement while if debenture interest is payable in future then it will only comes balance sheet, while if part of interest paid and part of interest payable then portion of paid amount will be shown in income statement while remaining amount will be shown in balance sheet as liability


What are creditors in balance sheet?

Creditors in a balance sheet, are the companies, people etc... that you owe money to. They could be utilites, materials purchased, or anything that you have not yet paid for, but have received. This is the opposite of Debtors - people that owe you money.