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it represents the amount that trade receivbles owe to the business at the end of the financial period (dr balance) credit balance represents the amount that the business owe to the debtors (minority balance)
It is at the end of the period.
The adjusted trial balance reflects the balance of each account on the ledger. If there is a $1000 debit to Cash and a $200 credit to Cash in the same accounting period, the balance on the ledger will be $800 Cash. This $800 Cash balance will be reflected on the adjusted trial balance. In sum, the adjusted trial balance reflects the net of an account each accounting period.
The total manufacturing costs for the period
Unearned revenue is a liability account. It is revenue that is received in one fiscal period despite the fact that revenue is not earned until another fiscal period. Its normal balance is credit.
Collect data on India's current account balance capital account balance and forex resevers for a period 2001-2006?
data on indias current account balance for period 2001-2006
it represents the amount that trade receivbles owe to the business at the end of the financial period (dr balance) credit balance represents the amount that the business owe to the debtors (minority balance)
It is at the end of the period.
1. capital account balance and forex reserves for the period 2001-2006 and list the major features.
th ending account balances of permanent accounts for one fisical period?
The adjusted trial balance reflects the balance of each account on the ledger. If there is a $1000 debit to Cash and a $200 credit to Cash in the same accounting period, the balance on the ledger will be $800 Cash. This $800 Cash balance will be reflected on the adjusted trial balance. In sum, the adjusted trial balance reflects the net of an account each accounting period.
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The total manufacturing costs for the period
Unearned revenue is a liability account. It is revenue that is received in one fiscal period despite the fact that revenue is not earned until another fiscal period. Its normal balance is credit.
Bad debts are considered a nominal account. They represent an expense that reflects the losses a company incurs from customers who fail to pay their outstanding debts. As a nominal account, bad debts are closed at the end of the accounting period and affect the income statement rather than the balance sheet.