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Which one of the fixed asset accounts listed below will not have a related contra asset account?
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∙ 11y ago
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∙ 11y ago
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Allowance for doubtful accounts is listed on the balance sheet under what caption?
Answer:The allowance for uncollectible accounts is a contra T-account to accounts receivable. Both are presented under current assets. The allowance can also be subtracted from accounts receivables, showing the net value (common for listed companies).
What is an open account listed on a credit report?
Open Account - account listed as "open" on your credit report are accounts that are open, includes all accounts that have been reported within the last 90 days.
What is a subsidiary account for accounts payable?
the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger". So each vendor would be a subsidiary account of the accounts payable ledger.
Doing a general journal entry into myob but an account is not listed when trying to enter it but it is not in the accounts list?
First of all, all accounts needs to be defined in company charts of accounts. So if any account is not already exists, first create it in charts of accounts for any transaction.
What is the nature of account payable?
Accounts receivables are the money that is owed to a business, accounts payables are the invoices or bills that a company has incurred and must pay to their vendors or suppliers. A/R Accounts...the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger"....
Allowance for doubtful accounts is listed on the balance sheet under what caption?
Answer:The allowance for uncollectible accounts is a contra T-account to accounts receivable. Both are presented under current assets. The allowance can also be subtracted from accounts receivables, showing the net value (common for listed companies).
What is an open account listed on a credit report?
Open Account - account listed as "open" on your credit report are accounts that are open, includes all accounts that have been reported within the last 90 days.
Is accounts payable listed on an income statement?
accounts payable is account in balance sheet
What is a subsidiary account for accounts payable?
the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger". So each vendor would be a subsidiary account of the accounts payable ledger.
What accounts might be placed first in a proper journal entry?
Typically, the accounts that are credited are placed first in a journal entry, followed by the accounts that are debited. The credit account is listed on the first line with the credit amount, and the debit account is listed below with the debit amount.
Are checking accounts part of residuary estate?
Yes, unless the account has a listed Payable on Death beneficiary or the account was specifically devised in the will.
What is kendall jenner's real youtube account?
The name of Kendall Jenner's real YouTube account is not listed, but there are accounts with her name that may not be operated by her.
Doing a general journal entry into myob but an account is not listed when trying to enter it but it is not in the accounts list?
First of all, all accounts needs to be defined in company charts of accounts. So if any account is not already exists, first create it in charts of accounts for any transaction.
What is the nature of account payable?
Accounts receivables are the money that is owed to a business, accounts payables are the invoices or bills that a company has incurred and must pay to their vendors or suppliers. A/R Accounts...the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger"....
What are examples of people's job career interest in accounts payable?
An Interest bearing account is a bank account in which, the banks pays you an interest for keeping your money deposited in that account. Ex: Savings Bank Account - You usually get around 3.5% rate of...Accounts receivables are the money that is owed to a business, accounts payables are the invoices or bills that a company has incurred and must pay to their vendors or suppliers. A/R Accounts...the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger
Which account below is not a subdivision of retained earnings?
There are no accounts listed. Therefore, it is hard to determine which account is not a subdivision of retained earnings. Expenses are not a subdivision of retained earnings.
Where can people find information on their current email accounts?
All the information you need about your email account, is on your email account dashboard. Click on the link "my account," and it will show you everything listed under your account, such as profiles, gender, etc.
