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Purchases plus opening stock less closing stock is called?

stock available for sale


Invested 1500 into business plus supply value 500. what is the accounting journal entry for this problem?

Invested $1500 to start the business plus supply value $500. what is the accounting journal entry for this problem?


What is the relationship betweenthe closing balance and an opening balance of an asset?

The closing balance of an asset represents its value at the end of a specific accounting period, while the opening balance is its value at the beginning of that period. The closing balance is calculated by taking the opening balance and adjusting it for any transactions that occurred during the period, such as purchases, sales, or depreciation. Essentially, the closing balance reflects the cumulative effect of these transactions on the asset's value. Therefore, the opening balance plus any additions minus any deductions results in the closing balance.


Do you have to file a tax return on a business with no money earned?

Yes. Plus in business losses from onw year can be used to offset income in another.


Why are the assets of a business equal to the capital plus liabilities?

Basic accounting equation = assets = liabilities + capitalit is so because capital as well as other liabilities have to be paid by the business at the dissolution time of business and at dissolution time or liquidation time business must have assets equal to liabilities plus owner's equity to pay all liabilities of business without going insolvent otherwise business will become insolvant and somebody will not get all it's liabilities completely cleared at the time of liquidation of business.

Related Questions

Purchases plus opening stock less closing stock is called?

stock available for sale


What is spelled by the letter after f plus half of 8 plus shadow of q plus opposite of d plus letter before m plus middle of sea plus 2 of 19th letter plus middle of sun?

The answer is "GOD BLESS U" by (vbzu)Balaji


What is a good closing sentence for a paragraph about alcoholics?

Your closing sentence must reflect what you wrote in your paragraph. WikiAnswers is not going to write your paragraph for you - that's cheating and it's wrong. Plus, you could be expelled for cheating. You need to summarize what you said in the rest of the paragraph for a closing sentence.


When you a type the letter computer plus plus plus plus plus plus plus automaticaly typed?

letter + must be wedged in 'pressed condition' by dust or any other particles. please clean keyboard & restart your system, and problem will be rectified


What is step involve is using data file in c plus plus programming?

Declaration of file pointer opening of file in desired mode. performing the desired operation. closing the file


What must an opening brace in a C plus plus program be?

An opening brace must be terminated with a closing brace in C++. Braces are used to enclose code blocks and initialiser lists.


When buying a business what does PRICE plus PE plus SAV mean?

SAV means Stock at Valuation. So when the business is brought it is the value of the stock on hand at the time of settlement.


Influx of k plus ions into the guard cells and efllux of H plus ions from guard cells lead to A exmosmosis B plasmolysis C closing of stoma D opening of stomata?

D


Where can I buy a plus size business suit?

Lane Bryant and Talbots have plus-sized women's clothing, including business-style outfits that can fit any size and budget. You can also check out local outlets for plus-sized clothing on the cheap.


Which is better capital city storm cheerleading or black widow cheerleading?

black widow by far & plus capital city storm is closing :)


Where can I find plus size wedding gowns off the rack?

If you are looking for wedding gowns right off the rack, Goodwill is a great place to start. They have quite a few different sizes including plus size wedding gowns. They are affordable and easy to get to! Good luck and congratulations!


What word starts with the letter i plus one letter then an apostrophe then the last letter?

it's - id's -