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Why is the examination of the balance sheet and income statement not adequate in evaluating a firm?

There are many other factors to the success of a firm than the balance sheet and income statement. It is important to look at the company's past performances, its potential, as well as its leadership.


Are the basic four financial statements adequate for users of a firms financial data?

1. Balance Sheet 2. Income Statement 3. Cash Flow Statement 4. Statement of changes in equity


Why is an income statement and a balance sheet important in an organisation?

for adequate check and balances,and also for reference purpose in order not to have problem with customers


What is the difference between the remaining statement balance and the statement balance on my account?

The remaining statement balance is the amount left to pay after the statement balance has been paid. The statement balance is the total amount due on your account at the end of the billing cycle.


What is statement balance on your credit card?

the statement balance is nothing more than the balance of your card at the time the statement was printed.


Which balance should I pay: the current balance or the statement balance?

You should pay the statement balance to avoid interest charges.


You need to eat enough of each type of food from the food food guide pyramid to ensure adequate intake of nutients which diet planning principle does this statement describe?

Balance


Which balance do you pay, the current balance or the statement balance?

You can pay either the current balance or the statement balance on your credit card. The statement balance is the amount due at the end of your billing cycle, while the current balance includes any recent transactions.


Should I pay my current balance or statement balance?

You should pay your statement balance to avoid interest charges.


Should I pay my statement balance or my current balance?

You should pay your statement balance to avoid interest charges.


Should you pay your current balance or statement balance?

You should pay your statement balance to avoid interest charges.


What is the difference between balance sheet and a statement of affair?

A balance sheet is a list that summarizes all financial information of a company. This includes liabilities (what the company owes) and assets (the company's economic resources). A statement of affairs, on the other hand, is specifically used by a debtor to show all of their assets and liabilities, usually for purposes of evaluating a case of bankruptcy.