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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 does float balance mean on a earning statement?
Float Balance means the amount of funds represented by checks that have been issued but not yet collected.
How many years do you have to file your w2?
It must be reported on your return for the year that it is issued...as identifed on the form. This is not an option or election. That is also the year the one sending it to you has reported that same information to the IRS, who through computer matching programs and such, is looking to see it reflected on your return. (Your not telling the IRS anything they don't know about already).
How do you reconcile pass book to cash book?
Reconciliation process is called "bank reconciliation statement" under which both company accounts balance of cash and bank is reconciled with balance of bank account provided by bank statement. The process is that first of all one statement is treated as base statement, it may be bank statement or books bank account but it is normally bank statement and after that the second statement balance is reconciled for any unrecorded transactions or any cheques issued but not presented in bank and after the reconciliation is completed both book's bank account as well as bank statement balance should be tally otherwise any discrepancies should be investigated and resolved.
What does CD means on bank statement?
A CD is a Certificate of Deposit, which is a financial product that pays a higher rate than a traditional savings account in exchange for an agreement that the deposit will remain in the bank for a fixed period of time. Periodic statements are not typically issued for a CD. Some banks such as Bank of America offer a hybrid or flexible savings plan that combines elements of a savings account and a CD. With these accounts, it is possible that a monthly or quarterly statement would be issued.
Preferred stock issued in exchange for land would be reported in the statement of cash flows in?
a separate schedule
How do you claim casual income on your taxes?
if the income is of casual nature (less than $3,500) and no T4 slip is issued then the income can be reported on line 104. otherwise income has to be reported on business statement T2125.
You lost your credit card and when you saw statement money is used for shopping.what to do?
This had to be reported to the company who issued the card ASAP as soon as your card was lost or stolen
What is a holding statement and position statement when issued by a company?
Statement of holdings
A corporation issued 200000 of common stock in exchange for 200000 of fixed assets Where would this transaction be reported on the Statement of Cash Flows?
This transaction would not appear on the statement of cash flows because it is a non-cash transaction. The statement of cash flows only shows transactions that involve inflows and outflows of cash.
Can an employer refuse to deduct and remit child support from an employee who has a court order to have wages garnished by the employer?
No. That employer should be reported to the court. If a court order for garnishment was issued it is in contempt of a court order.No. That employer should be reported to the court. If a court order for garnishment was issued it is in contempt of a court order.No. That employer should be reported to the court. If a court order for garnishment was issued it is in contempt of a court order.No. That employer should be reported to the court. If a court order for garnishment was issued it is in contempt of a court order.
What organization issued the Port Huron Statement?
SDS
Who issued the Port Huron Statement?
Students for a Democratic Society.
When the president approves a bill also explains his plans to enforce the new law is issued?
A signing statement.
How would you use statement in a sentence?
The teacher issued a statement declaring that she would not accept any late work.
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 was the name of the document issued by the Students for a Democratic Society?
The Port Huron Statement.
