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What is the first account that should be listed in the post closing trial balance?
In a post-closing trial balance, the first account listed is typically the Cash account. This is because it is usually the most liquid asset and often appears at the top of the asset section. Following Cash, other asset accounts are listed in order of liquidity, followed by liabilities and equity accounts.
The account that appears in the chart of accounts for a merchandising business but not for a service business?
Sales
Which item appears in both the balance sheet and the profit and loss account?
Closing Stock
What is a disposal account in accounting?
A disposal account is a gain or loss account that appears in the income statement, and in which is recorded the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.
What type of account is common stock?
Equity Account When shares have no par value, the entire amount of the sale price is recorded in the common stock account. This account is classified as an equity account, and so appears near the bottom of a reporting entity's balance sheet
Is the drawings account an expense account?
The Drawings account is not an expense account. It is a contra equity account. Therefore, it appears on the balance sheet.
The year-end balance of the owners capital account appears in?
The year-end balance of the owners capital account appears in owners equity.
What is the meaning of the word or when it appears on checking account?
It means it is a joint account and either party can sign a check. If the word "and" appears, the check requires the signatures of both parties.
How do you cancle a Facebook account?
To delete or cancel a facebook account, you have to go to the "account settings". this button is found in the top right corner next to where it says "profile". there is a drop down menu that appears and you need to select "account settings". once you are on this there is an option at the bottom to deactivate an account. click that and the account has been deleted.
What is and individual account?
this is a single-named account where the person whose name appears on the passbook has the sole right to withdraw funds.
What is the first account that should be listed in the post closing trial balance?
In a post-closing trial balance, the first account listed is typically the Cash account. This is because it is usually the most liquid asset and often appears at the top of the asset section. Following Cash, other asset accounts are listed in order of liquidity, followed by liabilities and equity accounts.
The account that appears in the chart of accounts for a merchandising business but not for a service business?
Sales
What if a bubble appears saying account inactive on mushi monsters?
try again!
What book in the bible contains the account of the flood?
Noah and the flood appears in Genesis
Does Jon Gosselin have a Facebook account?
Jon Gosselin appears to use Facebook, but most accounts have proved to be fraudulent. If he does have an account, it is private.
Who is Milton jellybean?
Milton Jellybean appears to be a ficitional dinosaur. He is from the show (or whatever it is) called Drumheller Alberta, and he appears to have quite a following.
Can a person find their runescape account history?
Sadly no, but you will find out who last had access to your account by logging into the game, on the menu that appears just as you log in.
