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What is the accounting entry to reduce a reserve account?
Reserve account can be reduce as follows: [Debit] Reserve account xxxx [Credit] Share capital account xxxx
Is capital reserve a nominal account or real account?
yes
Is a Reserve account an asset or liability?
It is assets
What will be Journal entry for purchase of building from general reserve account?
General reserve account cannot be used for purchases of building as general reserve accounts is fixed for some limited kind of transactions like
What is the general ledger journal entry to begin a Reserve Account?
debit reserve accountcredit cash / bank
What is the accounting entry to reduce a reserve account?
Reserve account can be reduce as follows: [Debit] Reserve account xxxx [Credit] Share capital account xxxx
How would you describe the reserve account of a nation's balance of payments?
One last category of international transactions involves those arising among governments and central banks. These transactions are recorded in the official reserve account of a nation's balance of payments.
How can transfer money from your payboxme account to liberty reserve?
yes.. I want transfer money from my paybox.me account to my liberty reserve account{U2979432)
Is capital reserve a nominal account or real account?
yes
Did Labrador Nature reserve become Singapore's official nature reserve?
yes
Does The US Treasury keeps a checking account with the Federal Reserve?
Yes the US treasury keeps a checking account with the Federal Reserve
Can ordinary citizens have an account with the federal reserve bank?
no an ordinary citizen can not have an account with the federal reserve bank, only government employee s can.
Is a Reserve account an asset or liability?
It is assets
What will be Journal entry for purchase of building from general reserve account?
General reserve account cannot be used for purchases of building as general reserve accounts is fixed for some limited kind of transactions like
What is approximate value of funds held in the open market reserve account of the Federal Reserve Bank of New York?
The approximate value of funds held in the open market reserve account of the Federal Reserve Bank of New York is $496 billion.
What is your federal reserve bank account number?
account associated with your birth certificate
What services are offered by the Reserve Bank of Australia?
The Reserve Bank of Australia provides banking services to the government of Australia and its various agencies as well as to overseas central banks and official institutions. The bank specifically offers payments, collections, and general account maintenance and reporting.
