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What is non-monetary?
it means a coin that is not money, like certain collecters items or novelty coins
What is classification of family into monetary and non-monetary activities?
Monetary activities mean that you have to spend money to do the activity. However, non-monetary means the activity is free. Monetary and non-monetary are classifications for activities.
Monetary and non monetary factors of motivation?
monetary factors is where you go anal with your best friends grandma
What are the benefits of monetary union?
benefits of monetary union
Is the soutern oil coupon worth anything?
Southern Oil Profit Sharing Coupons generally are not worth anything. They do not have a monetary value. They are collectors items and are available for purchase on websites such as eBay.
Policy to batch monetary items of the organziation?
how to batch monetary items?
Are prepaids considered closing costs?
Prepaids are actually pre-paid interest. If you negotiate in the purchase agreement that the seller is to pay for the buyer's prepaids, they then can get taken care of within escrow. Also note, that because prepaids are just pre-paid interest, at the end of the year, you can claim that amount as interest that has been paid, but verify that with a competent CPA. Prepaids also include HOA dues, depending on assessment dates. The prepaids are closing costs but in my state we have to put "closing costs to include prepaids" into the special provisions. I would think it may vary by state.
What are Monetary items?
monetary means that you can save money in you account monetary means that you can save money in you account
Are capital accounts non-monetary items?
no
What is monetary unit principle as it relates to Accounting?
The Monetary unit principle states that all items must be recorded and reported in monetary terms, i.e. in the currency of the country of location where reports are being prepared and ultimately used.
What is non-monetary?
it means a coin that is not money, like certain collecters items or novelty coins
What does items having value mean?
It means that the items are intrinsically valuable (monetary value) or are precious to a person (sentimental value). Most items having value are those that can be put to some beneficial use.
How much is priceless?
Priceless means that there is no monetary value that can be assessed. Items or moments that are priceless often have sentimental value to an individual.
Is unrealized foreign exchange gain a non cash item and be excluded in consolidated income?
Unrealised foreign exchange gain on non-cash, monetary items are included in P&L, but non-monetary items such as prepayments for goods and services, PPE, inventory are not translated using historical exchange rate at transaction date and subsequently not revalued.
What is classification of family into monetary and non-monetary activities?
Monetary activities mean that you have to spend money to do the activity. However, non-monetary means the activity is free. Monetary and non-monetary are classifications for activities.
Is Deposit a monetary or non monetary item?
i would think it is a monetary item.
What is monetary gain?
The gain in purchasing power that is derived from holding monetary assets and/or monetary liabilities during a period of changing prices. An increase in prices tends to devalue monetary assets and monetary liabilities. Thus, if a firm's monetary liabilities exceeded its monetary assets, inflation would tend to produce monetary gains.
