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What else can I help you with?
Which account have balance after closing entries are posted?
which acount have a balance after a closing entry is posted? a)salary expense b)retained earning c)income summary d)revenue
Is discount received an income?
Yes it is an income. It will be posted in the credit side of the profit and loss account.
Is accrued income posted as cr to accrued income and debit to sales account net?
no its the opposite Accrude income Dr. Sales Cr. Accrued income is income that has incurred but not yet invoiced.
Is discount received a revenue?
credit.Yes it is an income. It will be posted in the credit side of the profit and loss account.Sales discount is not an expense account, but is also a deduction to an income statement. It is just a contra account of a revenue account particularly a sales revenue account.
Why is the payment posted but the money still in the account?
The payment may be posted in your account but the money may not be immediately deducted because of processing times or pending transactions.
What kind of items are posted in the Income statement?
An income statement reports a company's revenue over a period of time. The items posted on the statement are operating and non-operating items including net sales, cost of goods, depreciation, interest, and income taxes.
The general ledger usually contains an AP account. What transcations are posted to this control account?
debit
Where the drawing posted in final account?
Drawings are deducted from Equity Account (Capital) in financial statement
What does it mean when a payment is posted?
When a payment is posted, it means that the payment has been recorded or entered into the recipient's account or financial records.
Where can you read the Obama health care plan?
It is posted online, as well as a good summary of what it does (and does not do). I enclose the link.
What is David Archuleta's official Youtube account?
The link is posted below.
How can you access a person's YouTube account if they don't have any videos posted they don't have a url but they do have an account?
Log in still.
