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Q: What is a final account in construction?
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What journal entries do you make for your construction loan?

My account balance in Construction LOC is $154833.00; what is the journal entry to record the $154833 in Construction in Progress Account? roger_randolph@yahoo.com


What is liquidators final account?

The liquidator's final account shows the succession's net assets or deficit.


What is the explanation for the liquidator's final statement of accounts?

The liquidator's final statement of account is the account of winding up.


What are the final statements of the business?

final statements are trading account,profit and loss account,balance sheet.


What is billings on construction in process?

It's a contra-asset account to construction in process. It's used to record periodic billings on a construction project.


Is the executor of an estate always required to file an accounting of the distribution of the assets of an estate?

Yes. The final account must be filed and allowed by the court in order to close the estate. An executor who refuses to file a final account should be reported to the court. The judge can compel the executor to file the final account so the court, and the heirs, can review the disposition of the estate by comparing it to the inventory and the distribution to heirs.Yes. The final account must be filed and allowed by the court in order to close the estate. An executor who refuses to file a final account should be reported to the court. The judge can compel the executor to file the final account so the court, and the heirs, can review the disposition of the estate by comparing it to the inventory and the distribution to heirs.Yes. The final account must be filed and allowed by the court in order to close the estate. An executor who refuses to file a final account should be reported to the court. The judge can compel the executor to file the final account so the court, and the heirs, can review the disposition of the estate by comparing it to the inventory and the distribution to heirs.Yes. The final account must be filed and allowed by the court in order to close the estate. An executor who refuses to file a final account should be reported to the court. The judge can compel the executor to file the final account so the court, and the heirs, can review the disposition of the estate by comparing it to the inventory and the distribution to heirs.


The book of final entry is called?

account


What is Liquidator Account?

The liquidator's final account shows the succession's net assets or deficit.


How do you prepare final account in tally?

bill wise detail (on account)


What are the historical cost argue for and against its usage in the preparation of final account of a sole trader?

argue for and against the usage of historical cost in preparation of final account


Given an account number from the China Construction Bank how can you identify the beneficiary?

Name of Beneficiary- Moncila Victory Bank Name- China Construction Bank Account Name- Moncila Victory Account No. 6217004280000025468 Swift Code- pcbccnbjgsx Bank Address- Gansu China.


Where the drawing posted in final account?

Drawings are deducted from Equity Account (Capital) in financial statement