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When entering a brought forward balance on the debit side of a bank t account where does the credit entry go?
Wiki User
∙ 15y ago
I was looking for the answer to a similar question with regard to brought forward figures, luckily i know the answer to this one, my accountant told me to create a new account called bank brought forward, and then you credit it to that account. Hope this helps.
Wiki User
∙ 15y ago
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Credit balance brought down on the cash column of a firm a cash book what does it means?
the term balance brought down is an amount entered at the end of a period to balance income and expenditure,which the total of this balance would be the balance brought forward at the start of the next statement of transactions
You receive an email from your bank requesting that you forward them your account password for security reasons?
You receive an email from your bank requesting that you forward them your account password for security reasons
Auto forward your sify inbox mails to another account?
yes
Payment Forwarding?
Payment Forwarding(Download)Date:To:Please forward your payments relating to your account number ___________ to the undersigned that has taken over your account responsibilities. If you have any questions about this, please contact us at the number on our letterhead.Thank you for your prompt attention to this so your account can be updated properly in the future.Best regards,_______________Signer_______________Former Holder of Account
What are the advantages of merger?
Advantages of merger are as follows. Benefits on account of tax sheilds like carried forward losses or unclaimed depreciation . Restructuring and strengthening the balance sheet . Ivestment of surplus cash . Enhancement of market share . Reduction of competition . Growth with the amalgamation of the competitive advantage of both the firms . Investment of surplus cash . Easy to acfquire economies of scale .
How do you abbreviate balance brought forward?
b/f
Credit balance brought down on the cash column of a firm a cash book what does it means?
the term balance brought down is an amount entered at the end of a period to balance income and expenditure,which the total of this balance would be the balance brought forward at the start of the next statement of transactions
How do you make a trial balance from T Accounts?
You would add up both columns on the T account and put the highest figure as the total for BOTH columns. Then in the column which was less you add a balancing figure call Balance Carried Forward to make that column match the other. Below the totals you would put Balance Brought Foward which is the same as the balance carried forward but it should go on the other side. You then list all the Balance Brought Fowards figures, keeping them in their debit or credit side. That list becomes the trial balance.
What is represented by the number in the balance forward box on the check stub?
The amount in the account before the check is written.
What is the Purpose of the post-closing trial balance?
The purpose of the post-closing trial balance is to prove the equality of the balance sheet account balances that are carried forward into the next accounting period.
What is the Purpose of Post-Closing Trial Balance?
The purpose of the post-closing trial balance is to prove the equality of the balance sheet account balances that are carried forward into the next accounting period.
Purpose of the post- closing trial balance?
The purpose of the post-closing trial balance is to prove the equality of the balance sheet account balances that are carried forward into the next accounting period.
How do you find beginning capital in accounting?
In order to find beginning capital in accounting, start by adding your beginning inventory and your last balance brought forward from the previous month.
We are looking forward to your early settlement to the account?
We look forward to your settlement
Where is the forward button on gmailcom?
A forward button is placed just beside the back button. It can be alongside the URL entering tab.
Who Brought forward the threory of natural selection?
Charles Darwin
How would someone forward mail to another account?
In you email account, choose settings from the drop down menu available. From settings, choose account and click on the forward option. Enter the email address to which to forward email from the current inbox and click apply or okay.
