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a statement of account is like a profit and loss account you need to include you company revenue and that could let you know what your business is up to

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12y ago

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Income statement of manufacturing organization?

Income statement of manufacturing organization is same as for trading company with little difference in manufacturing company there is separate manufacturing account is also prepared.


Which task are available for cardholders in the account approved process?

The tasks vary by organization and may include transaction approval and or statement approval.


What is the important of financial account?

it helps one to know his financial statement


If you attach a statement to an account on your credit record saying this account does not belong to you can this account be used for a FICO Score?

It is not possible to "attach a statement to an account". It is only possible to place a consumer statement on your report. This is important distinction and should answer the remainder of your question. In general, your statement, which may refer to a certain disputed account, shows to all who access your credit. But the fact that it is separate from the account itself means that the account would be used in the calculation of your credit scores.


Which tasks are available for cardholders in account approval process?

The tasks vary by organization and may include transaction approval and or statement approval.


What is the CASA statement?

CASA statement means 'Current Account, Saving Account Statement'.


What is account statement?

An account statement is a record of transactions and their effect on bank account balances.


What is an account statement?

An account statement is a record of transactions and their effect on bank account balances.


Can I use a personal bank account for my nonprofit organization?

No, it is not recommended to use a personal bank account for a nonprofit organization. It is important to keep personal and organizational finances separate to maintain transparency and legal compliance. It is advisable to open a separate bank account specifically for the nonprofit organization.


Why a company prepare Interim Financial Statement?

1. Banking. A customer's checking account statement, dispensed by a self-service banking terminal, listing account debits and credits since the last regular account statement was mailed, and current collected balance. Also called mini statement or snapshot statement.2. Finance. A financial statement reporting activity for an accounting period less than an organization's fiscal year, for example, the quarterly 10Q report filed with the SEC.Read more: interim-statement


Important of financial accounting in an organization?

Financial accounting is very important in an organization. It helps track and account incoming and outgoing funds and balance the books on a daily, weekly or monthly basis.


Are the income a balance sheet account?

Income is an income statement account and shown in income statement and not a balance sheet account.