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What is accounting treatment for deposit for share?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is accounting treatment for deposit for shares?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
State the person who should be interested in accounting information?
state the persons who should be interested in accounting information
What is specific accounting principle?
Accounting principles differ throughout the world. Whether you are an accounting student or an investor, you should be aware of the accounting principles that apply in your region.
What is the difference between 'Normative Accounting Theory' and 'Positive Accounting Theory'?
Normative theory is used to advise what methods should be used for accounting. Positive accounting theory explains and predicts accounting as it is currently happening.
What is accounting treatment for deposit for share?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is accounting treatment for deposit for shares?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is the accounting treatment for 'deposit for shares'?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is the proper GAAP accounting for syndication costs?
A contra equity account, syndication cost should be reflected as a reduction of equity proceeds, or recorded as an asset before the stocks are issued and then retired once the stocks are issued.
What is clean surplus accounting?
I'm not an expert, am also looking for more answer about this. What I know so far is that Clean Surplus Accounting is an idea that tries to eliminate the discrepencies in the reporting of owner's equity and earnings due to different reporting practices by different companies. In essence, it should results in truly comparable equity value for a company.
If I don't reaffirm a car loan can the lender take the car back at any time even if I have paid equity into the car after a period of time?
If you don't reaffirm the debt, then the creditor has the right to repossess the car and sell it at auction to recover the debt owed to them, irregardless of what equity that you've paid. If you wished to keep the car, then you should have demanded that your attorney reaffirm the debt with that particular creditor.
Accounting treatment for surplus of revaluation of fixed assets?
a revaluation increase is credited to equity as a revaluation surplus, unless it's a reversal of a revaluation decrease, when it should be recognised as income.
Is interest expenses an asset or a liability?
In accounting, interest and other expenses are neither; they are a contra-equity account. This means that as expenses increase, the owners have less equity. Expenses should normally be treated as a debit account, so as you record interest expenses, you should be crediting either an asset or a liability at the same time.
Can a person be liable for debt incurred during marriage but assigned to ex spouse in divorce decree?
You should be aware that a creditor is not generally bound by your divorce decree if the debt was incurred in your name. You should contact the attorney who represented you at the divorce if the creditor is pursuing you for payment.You should be aware that a creditor is not generally bound by your divorce decree if the debt was incurred in your name. You should contact the attorney who represented you at the divorce if the creditor is pursuing you for payment.You should be aware that a creditor is not generally bound by your divorce decree if the debt was incurred in your name. You should contact the attorney who represented you at the divorce if the creditor is pursuing you for payment.You should be aware that a creditor is not generally bound by your divorce decree if the debt was incurred in your name. You should contact the attorney who represented you at the divorce if the creditor is pursuing you for payment.
When you refinance your home do you lose your equity?
No, you should keep the equity in your home
How do you make an electronic payment.?
Visit the creditor's website and you should find instructions for that particular creditor.
Should you include your charge offs on your bankruptcy?
A very good idea. Any charge off - which is really only an accounting entry on the books of your creditor - that you haven't received an offical agreement/notice that the creditor has actually forgiven the debt and relieved you of having to pay, (not just accepted it may be worth nothing and uncollectable), is still an obligation to you.
