answersLogoWhite

0

What else can I help you with?

Related Questions

What is most desirable for a capital account at year end?

Be added to the drawing account balance


Is it most desirable to have the capital account increase at the end of a fiscal period?

An increase in the capital account at the end of a fiscal period is generally desirable, as it indicates that a company or country is attracting more investment, which can lead to greater financial stability and growth opportunities. A rising capital account reflects confidence from investors and can support future expansion or development projects. However, the context matters; a significant increase due to unsustainable practices or excessive borrowing could raise concerns about long-term viability. Thus, while a growing capital account is favorable, it should be evaluated alongside other financial indicators.


Why are closing entries necessary to a business?

at the end of a fiscal year it is most desirable to have the capital account


Where is a drawings account recorded in double entry booking?

It would be a credit to bank and a debit to the capital account. Most of the time there will be a drawings account, but it will be by the capital in the balance sheet.


What is the most desirable classic Chevelle car?

they are all desirable but the SS is the most desirable


A company that wanted to increase its capital through equity financing would most likely get involved in what?

1. A company wants to increase capital using equity financing will involve in issuing share capital to public for subscription.


Is the most desirable alternative given up as a result of a decision?

the most desirable alternative given up in a decision


Which floorings are most desirable?

Marble is probably the most expensive to install. But a decent wooden floor that looks great is probably most desirable.


What does 'being desirable' mean?

desirable means that you are wanted, most of the times in a sexual way.


What is the most desirable shiny Pokemon?

Swablu


What is the most desirable currency on earth?

gold


Is the US a capitolist nation?

Yes, the USA is a capitalist country. The object of most Americans and most American companies is to make money or increase the amount of capital they have.