answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why is the Drawing account not extended to the Income Statement section?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What section of the statement of cash flows are equity accounts in?

Equity account or increase or decrease in equity account is shown in cash flow from financing activities.


Which section of the income statement does not report net of income taxes or net of income?

Trading account statement does not report net of income taxes or net of income.


How do you account for a capital lease on a cash flow statement?

capital lease is part of cash flow from investing activities and payment in this regard is shown in this section of statement.


When cash is paid to suppliers on account which section of the statement of cash flow is affected?

cash flows from operating activities


How do you treat income tax in a profit and loss statement?

In a Profit and Loss Account, you put income tax that you pay to the government in the third section, the appropriation account.


Define sectioning in technical drawing and its types?

Sectioning is the process of drawing an object imagining it to be cut throw by a cutting object. TYPES OF SECTION. Full section, Half section, Part section, Broken section, Revolved section, Scrapt section


What is a full section drawing?

Full section is the of section where we cut a machine through same beginning to the end


Types of section drawing?

1. Full Section 2. Half Section 3. Local Section 4. Offset Section 5. Revolved Section 6. Removed Section


How abnormal loss in income statement?

abnormal loss is part of income statement and shown under other losses section or abnormal losses section of income statement.


Are hidden lines shown in a section?

No, hidden lines are not added in a section view unless it adds clarity to the drawing. the purpose of a section view is to help show what a part looks like and by added hidden lines the drawing will be more cluttered which defeats the purpose of having a section view.


What is sectional drawing?

A drawing that divides a cube, for example to see what's inside in it.


Can you cancel a youtube account?

Yes, The 'Delete Account' Option is your 'Account' Section.