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The chart of accounts or general ledger
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What Is a listing of all the balance sheet and income-related accounts?
chart of accounts
The accounts payable ledger contains all of the balance sheet and income statement accounts.?
No, the AP ledger contains the listing of all the counterparties (e.g. vendors) the company owes money to. The AP ledger is what feeds AP on the balance sheet.
What are the 2 type of quickbooks account?
The 2 types of QuickBooks accounts are "Balance Sheet" accounts and "Income and Expense" accounts. Balance sheet accounts can be used to create and add to chart of accounts. Income and expense accounts track income sources and the purpose of each expense.
Does listing commission income have a debit or credit balance?
credit
Where does accounts receivable go on a multi step income statement?
Accounts receivables would be included in the balance sheet. The income statement reports revenues and expenses. Accounts receivables is an asset account and all the asset, liablities and equity accounts are reported on the balance sheet.
What Is a listing of all the balance sheet and income-related accounts?
chart of accounts
Is chart of account a listing of all the balance sheet and income related accounts?
yes
Does an accounts payable ledger contain all of the balance sheet and income statements accounts?
No, the accounts payable ledger only contains information related to supplier accounts. The balance sheet and income statement accounts are contained in the general ledger.
Are accounts payable on the income statement and balance sheet?
yes accounts are payable on the income statement and balance sheet.
The accounts payable ledger contains all of the balance sheet and income statement accounts.?
No, the AP ledger contains the listing of all the counterparties (e.g. vendors) the company owes money to. The AP ledger is what feeds AP on the balance sheet.
What are the 2 type of quickbooks account?
The 2 types of QuickBooks accounts are "Balance Sheet" accounts and "Income and Expense" accounts. Balance sheet accounts can be used to create and add to chart of accounts. Income and expense accounts track income sources and the purpose of each expense.
Does listing commission income have a debit or credit balance?
credit
Is accounts payable listed on an income statement?
accounts payable is account in balance sheet
Allowance for doubtful accounts is reported in the a balance sheet or a income sheet?
balance sheet
Where does accounts receivable go on a multi step income statement?
Accounts receivables would be included in the balance sheet. The income statement reports revenues and expenses. Accounts receivables is an asset account and all the asset, liablities and equity accounts are reported on the balance sheet.
Where does accounts payable go on a multiple step income statement?
By definition Accounts Payable is a liability and belongs on a Balance Sheet. Only income and expenses are included in an Income Statement.
Where doe accounts receivable go on income statement?
Accounts receivable is not reflected in the income statement but the balance sheet. Sales, both cash and credit is.
