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What else can I help you with?
What is the journal entry to record a refund?
Debit refund accountCredit cash / bank
What do you mean by gaap?
GAAP is an acronym for Generally Accepted Accounting Principles
How does GAAP affect financial reporting?
How does GAAP affect financial reporting?
When was GAAP established?
In 1992, the Auditing Standards Board established the GAAP hierarchy.
What is the purpose of GAAP?
Generally Accepted Accounting Principles, or GAAP, are the standards used by accountants. GAAP ensures that all companies report financial information in a consistent manner.
What is the journal entry to record a refund?
Debit refund accountCredit cash / bank
Where GAAP is implementing in Pakistan?
gaap
How to properly record a tax refund in accounting?
To properly record a tax refund in accounting, you would debit the cash account to increase it and credit the income tax expense account to reduce it. This reflects the refund as income received and reduces the expense previously recorded for taxes paid.
Short note of accounting standards and GAAP?
short note on GAAP
How does GAAP affect financial reporting?
How does GAAP affect financial reporting?
What do you mean by gaap?
GAAP is an acronym for Generally Accepted Accounting Principles
What is Pakistani GAAP?
ugly people need gaap to look nicer
What type of human was the first to hunt animals?
i believe it was the hominodes accorrding to my history book
How many miles is it from El Paso to dallas?
It is 638 miles accorrding to Google Maps.
When was GAAP established?
In 1992, the Auditing Standards Board established the GAAP hierarchy.
What is General Accepted Accounting Principles?
General Accounting Acceptable Principles, usually referenced as GAAP, is the collection of standards and principles to be used by businesses to record and present the results of their financial activities and their records of what they own and they owe. GAAP can be different between industries and between countries.
How many copies of a check in a standard gaap filing?
Typically, only the original copy of a check is included in a standard GAAP filing. This is done to ensure that the original supporting documentation is preserved for audit and verification purposes. Copies or scanned images of checks may be retained for internal control and record-keeping purposes, but only the original check is included in the formal financial reporting under GAAP.
