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Are you smoking rock.....go back to school.

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Q: Is an advantage of balance sheet numbers that the assets reflect current market values?
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The relationship between current account balance and GDP?

The relationship between the current account balance and the GDP is that they both reflect the production in the given economy. They both deal with the net production.


What is the difference between a current balance and an available balance on a checking acct?

The account balance will reflect any payments made into the account providing the account is on real time banking. So if you pay in any cheques the account balance will reflect this. The available balance will take into consideration any earmarks on the debit card which are due to debit and also any cheques you may have paid in that are at the moment still uncleared on the account.


How is the constraint of industry practices reflected in the FASB Codification?

The unique features of a particular industry may necessitate a departure from typical practices. For example, most public utility companies will report non-current assets before current assets on their balance sheet to reflect the highly capitalized nature of their industry.


How long does it take to reflect on your credit score when you pay balances off?

As soon as your creditor reports your balance is zero, the Credit reporting agencies update about every 30 days


What is the Difference between asset method and expense method?

the asset method = record all purchases as asset then recognize expense (diff of beg bal & end bal) dr. prepaid supply (purchase) cr. cash expense method = record all purchases as expense, then account for the ending balance. adjust beg balance to reflect end balance. dr. supply expense cr. cash

Related questions

The relationship between current account balance and GDP?

The relationship between the current account balance and the GDP is that they both reflect the production in the given economy. They both deal with the net production.


What is the difference between a current balance and an available balance on a checking acct?

The account balance will reflect any payments made into the account providing the account is on real time banking. So if you pay in any cheques the account balance will reflect this. The available balance will take into consideration any earmarks on the debit card which are due to debit and also any cheques you may have paid in that are at the moment still uncleared on the account.


Does a mini statement showing cr include my overdraft?

Yes, a mini statement showing your current balance typically includes any overdraft amount that may be outstanding on your account. It will reflect the total balance, which can be a combination of the funds you have available and any overdraft used.


The use of heroic landscapes was an attempt to reflect?

universal truths of balance and harmony


Why do the borders between current African countries not reflect divisions of African language or cultures?

they only reflect on porn


Does an electric current reflect or refract light?

No. An electric current has magnetic properties,but not optical properties.


What are numbers on handles on flight yoke?

The numbers are usually 3 rotating dials, that can be changed by the captain or first officer to reflect the aircraft's flight number. If the flight is number 308, they would spin the numbers to reflect that


Why did your credit card payment reflect in your outstanding balance but not show up in your available balance?

Because you may have changed the account to a savings :L


What if you keep seeing the numbers 1227?

Seeing the numbers 1227 repeatedly could be a sign or message from your subconscious or the universe. Some believe it could signify harmony, balance, or following your intuition. Reflect on your thoughts and feelings when you see these numbers to better understand their significance to you.


How is the constraint of industry practices reflected in the FASB Codification?

The unique features of a particular industry may necessitate a departure from typical practices. For example, most public utility companies will report non-current assets before current assets on their balance sheet to reflect the highly capitalized nature of their industry.


Which managerial competencies reflect current strengths for you?

global awareness competency


What Baroque painters wanted to reflect the universal truth of balance and the harmony of nature?

heroic landscapes