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What else can I help you with?
Do you put GST or HST on the balance sheet?
HST paid goes on the credit side or expenses on the balance sheet
Where do put drawings in a balance sheet?
asset side
Were do put long term notes payable on the balance sheet?
Long term = non current Payable = liability Therefore, I would put it under the Non-Current Liabilities heading in the balance sheet.
Where to put deferred tax assets in the balance sheet?
Defferred tax asset is shown in assets side of balance sheet under head of other assets.
How do you prepar balance sheet?
The question is incomplete. Anyway i will try to answer. Balance sheet prepare from Tial balance. All the items in Trial balance classifeid as Balance Sheet item and P&L item. All the balance sheet items taken from trial balance should be shown in balance sheet. Balance sheet have two side namely liability and asset side. In asset side we shows Fixed asset say plant machinery vehicle...., current assets say stock debtor cash in hand etc...The fixed assets can we shown two ways, before depreciation and put provision for depreciation in liabilty side or After depreciation. The next step is to create liablity side say capital, creditors...etc. The Net Profit taken from p&l a.c adjusted with partners current account. This is only for basic information.
Where do you put the accrued income taxes on the balance sheet?
Under the liabilities section of the balance sheet?
Do you put GST or HST on the balance sheet?
HST paid goes on the credit side or expenses on the balance sheet
Where on the balance sheet do you put a deficit?
Retained Earnings
Where do put drawings in a balance sheet?
asset side
Where are accruals put on the balance sheet?
Current liabilities.
Where do you put retained earnings on a balance sheet?
liability
Do you put cash value of life insurance on the balance sheet?
No.
Were do put long term notes payable on the balance sheet?
Long term = non current Payable = liability Therefore, I would put it under the Non-Current Liabilities heading in the balance sheet.
Where do you put notes payable on a balance sheet?
In the liability section of the balance sheet. Generally showing short terms portions separately from long term portions.
Where to put deferred tax assets in the balance sheet?
Defferred tax asset is shown in assets side of balance sheet under head of other assets.
How do you prepar balance sheet?
The question is incomplete. Anyway i will try to answer. Balance sheet prepare from Tial balance. All the items in Trial balance classifeid as Balance Sheet item and P&L item. All the balance sheet items taken from trial balance should be shown in balance sheet. Balance sheet have two side namely liability and asset side. In asset side we shows Fixed asset say plant machinery vehicle...., current assets say stock debtor cash in hand etc...The fixed assets can we shown two ways, before depreciation and put provision for depreciation in liabilty side or After depreciation. The next step is to create liablity side say capital, creditors...etc. The Net Profit taken from p&l a.c adjusted with partners current account. This is only for basic information.
When do you put the asset on the balance sheet?
An asset is put on the balance sheet to show an identified estate of an enterprise at bookvalue. Examples of assets: cash, buildings and equipment, patents, participations in other companies etc. In general, assets have to be paid for. The liability part of the balance sheet shows the source of funds (equity and/or debt) used to retain the asset.
