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What is Fund Statement Explain its purposes sources of fund application of fund etc?
The fund means all the financial resources of a firm such as cash in hand, bank balance, accounts receivable etc. Any changes in these resources are reflected in the firm's financial position.
The Funds Statement is called by different names, viz., Source and Application of Funds, Sources and Uses of Funds, Movements of Working Capital statement, Movements of Funds statement and Where Got and Where Gone statement. This statement is prepared to indicate the increase in the cash resources and the utilization of such resources of a business during a given period. It is prepared to enable the management to know the movement in liquid assets between two dates. Increases and decreases together with adjusted profits for the period and depreciation charges, taxation, dividends paid will be shown. It shows the ebb and flow of funds into and out of the business. This statement gives a clear picture of what has become of the net profits and of the funds obtained from other sources. It is a means of analyzing in detail the items contained in the balance sheets by recast of increase and decrease of certain figures not found in the balance sheets and linking in the analysis. They are not intended to report the changes in the assets and liabilities from all aspects of a company's performance during an accounting period.
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Name and explain five sources of debt financing?
name and explain 5 sources of debt financing
What are the 5 major sources of credit for consumers?
There are 5 major sources of Credit for Consumers.1) Banks2) Brokerage Firms3) Credit Unions4) Insurance Companies5) Finance CompaniesHere is a website that will fully explain each of the 5 sources in simple terms. I hope this helps!http://www.buzzle.com/articles/sources-of-consumer-credit.html
Are assets considered income for tax purposes?
Assets are not considered income for tax purposes. Income is typically money earned from sources like wages, salaries, and investments, while assets are possessions or resources owned by an individual or entity. Taxes are usually based on income rather than assets.
What does DEP mean on a lloyds tsb bank statement mean?
On a Lloyds TSB bank statement, "DEP" typically stands for "Deposit." It indicates that a deposit has been made into your account. This could be from various sources, such as cash deposits, cheque deposits, or transfers from other accounts. If you have specific transactions in mind, you can usually find more details by reviewing your statement further or checking your online banking.
When creating financial reports what sources of information need to be analysed?
When creating financial reports, key sources of information to analyze include the company's financial statements (income statement, balance sheet, and cash flow statement), accounting records, and transaction data. Additionally, external data such as market trends, industry benchmarks, and economic indicators can provide context and insights. It's also important to consider any relevant financial policies and compliance requirements. Analyzing these sources ensures the reports are accurate, comprehensive, and useful for decision-making.
What is fund flow statement how it differ from such flow statement explain the main sources and uses of funds?
Fund flow Statement helps to measure the different sources of funds. Funds Flow Statement analyses the Sources and Application of Funds while others don't.
Case Study Project-Explain purposes of fund sources of fund applications of fund etc?
i want case on sources of funds
In preparation of fund flow statement How can you treat If the working capital decreases?
when working capital decreases it should be written under the head SOURCES OF FUNDS in fund flow statement. and when W/C increases it should be written under APPLICATION OF FUNDS.
Name and explain five sources of debt financing?
name and explain 5 sources of debt financing
How Salmond and Keeton classified sources of law?
Salmond and Keeton classified sources of law into several categories, primarily distinguishing between primary and secondary sources. Primary sources include statutes, case law, and constitutional documents, which are directly authoritative. Secondary sources encompass legal writings, commentaries, and textbooks that interpret and explain primary sources. This classification helps in understanding the hierarchy and application of legal principles within a legal system.
which statement best explains why secondary sources are important to historians?
(Apex) They summarize conclusions about primary sources.
What is synthesis claim?
A statement that shows what two sources have in common
What is the sources of information used to prepared the income statement?
The Income Statement section of the work sheet is the information source used in preparing the income statement.
How do you support your thesis statement?
Provide evidence from the cited sources, developing the premise in the body of the essay. You can bring in outside sources that prove the thesis statement. You should be able to provide a variety of sources so that you can examine the thesis statement from multiple angles.
What are the sources of heat and define each?
give one of sources of heat explain each one
What is an accounting equation?
sources of fund is equal to application fund
What is the one purposes of cicle graph?
To compare data from different sources.
