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What is a record of income and expenditures for a particular period?
Wiki User
∙ 10y ago
Net worth.
net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time. ...
Wiki User
∙ 10y ago
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How does time period assumptions affect accountants analysis of accounting transactions?
because its affecting the time period concept and it also violates the GAAP. its affects because they have to record the things in balance sheet or income statement in the correct time period
What is the 1099 form used for?
The 1099 form is used by an independent contractor or a freelancer to report and record the income from a particular business. This form is also used for recording real estate sale proceeds.
What is the journal entry to record accrued interest income?
debit interest receivablecredit interest income
What are the accounting journal entries to record income tax payments?
debit income tax paidcredit cash
What is the first step in creating a cash flow statement?
record your income
Are income tax returns open record?
They are not public record.
How does time period assumptions affect accountants analysis of accounting transactions?
because its affecting the time period concept and it also violates the GAAP. its affects because they have to record the things in balance sheet or income statement in the correct time period
What is a form used for?
10991099 forms are used for a number of reasons, though, typically, they are given to independent contractors--also known as "freelancers"--as a record of the income they received from a particular business.
Do you have to record rent revenues on income statements?
Yes, you need to record it as part of your IS.
Why should you track and record you spending and income?
We can do it
What is the 1099 form used for?
The 1099 form is used by an independent contractor or a freelancer to report and record the income from a particular business. This form is also used for recording real estate sale proceeds.
What is form 1099 used for?
The 1099 form is used by an independent contractor or a freelancer to report and record the income from a particular business. This form is also used for recording real estate sale proceeds.
What is the journal entry to record accrued interest income?
debit interest receivablecredit interest income
What Is The PL Account?
The PL account is what is commonly referred to as profit and loss account. This is used to record the income and expenditure of a business so as to establish the profit or loss of the business for a given period.
What is fossil record?
The fossil record is the information about the fossils found in a particular location.
In a database a field that uniquely identifies a particular record in a table is called?
In a database, a field that uniquely identifies a particular record in a table is called
What has the author Stanley Lebergott written?
Stanley Lebergott has written: 'Men without work' -- subject(s): Unemployed 'Consumer expenditures' -- subject(s): Consumption (Economics), History 'The Americans, an economic record' -- subject(s): Economic conditions 'Wealth and want' -- subject(s): Income distribution, Wealth
