grouping and marshalling in balance sheet grouping and marshalling in balance sheet
Why are marshalling yards necessary
Feltham marshalling yard was created in 1918.
Data marshalling is a method to prepare data for processing or for transport over a network.The packaging of arguments passed to a procedure is called marshalling.
Marshalling cabinets are just cabinets with electrical connectors, where all wires are re-arranged in the desired way.
potential risks for client and service provider under a provision of determined care
The provision for bad debts will be categorized under the profit and loss account.
Afi 11-218
Best way to understand is through an example: If in 2010 you have a provision for tax of $2,000 payable for accounting. However the actual tax paid was $1,500. You would have an over provision of income tax. So once the tax is paid in 2011 it will Dr Provision Cr Bank. So in 2011 the amount of the over provision must be adjusted by: Dr Provision for tax Cr Income tax expense This will clear out the tax provision for 2011 resulting from the over provision. Same concept applies to under provsions.
yes its come under Assets Account.if you are make provision for Expenses which may occurred in next few month (less than 12 month) the provision account come under Current Assets. (Just like Prepaid expenses)
90 Days or Less
All provisions comes under current liabilities so provision for depreciation is as well because it is made for one fiscal year only.