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Accompanying the bank statement was a debit memorandum for bank service charges what entry is required in the depositor's account?
increase cash, increase Accounts Payable
What else can I help you with?
Does a stock split require a journal entry?
Stock split require no journal entry rather memorandum entry is required about transaction.
Receipts from cash sales of 9500 were recorded incorrectly in the cash receipts journal as 5900 What entry is required in the depositors accounts?
Another entry will be required in cash receipts journal with difference in recorded 4600(9500 - 5900).
What are the accounting requirements of not-for-profit organizations?
Three financial statements are required to be issued: a statement of financial position (balance sheet), a statement of activities (income statement), and a statement of cash flows
What are the contents of audit planning memorandum?
An audit planning memorandum typically includes an overview of the audit objectives, the scope of the audit, and the key risks identified in the preliminary assessment. It outlines the planned audit approach, including the timing and resources required, as well as the roles and responsibilities of the audit team members. Additionally, it may contain relevant background information about the entity being audited and any specific areas of focus or concern. Overall, the memorandum serves as a roadmap for the audit process.
Is director's remuneration an expenses in income statement?
Directors remuneration is part of income statement and also expense of business but required to be shown as separate item.
What are documentation required for formation of company?
The following documents are required: *Memorandum of association *Articles of association *Prospectus
What are similarities between memorandum of association and article of association?
They are both required for the legal registration of. Company
What element is required for a Hardware Device to operate?
The accompanying software but most assuredly the Drivers.
What is the purpose of a method statement and what is required of the operator?
The purpose of a method statement is that it provides us with the details of what the required operator is supposed to do.
What is the purpose of method statement and what is required of the operator?
The purpose of a method statement is that it provides us with the details of what the required operator is supposed to do.
Receipts from cash sales of 9500 were recorded incorrectly in the cash receipts journal as 5900 What entry is required in the depositors accounts?
Another entry will be required in cash receipts journal with difference in recorded 4600(9500 - 5900).
Does a stock split require a journal entry?
Stock split require no journal entry rather memorandum entry is required about transaction.
Is cash flow statement required by GAAP?
Yes Cash flow statement is required by GAAP and IAS (international accounting standards) as well.
How do you do Income statement?
Comparative income statement is same as normal income statement with little addition of that income statement as well from which comparison is required.
Who is in nstp law?
All foreign students are not required to take NSTP class - "CHED-HERO 6 MEMORANDUM NO. 47, SERIES OF 2005"
How long is the statement of purpose required for the application process?
The statement of purpose required for the application process is typically around 500 to 1000 words in length.
What is the difference between a statement and a question?
A statement gives information or opinion. A response is not necessarily required. A questions asks for information or opinion. A response is usually required.
