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Fixed assets should initially be recorded on the balance sheet?
Fixed Assets are things of value that are expected to maintain their value to the entity for more than a year. All Assets are Balance Sheet accounts so yes, they should initially be recorded on the Balance sheet.
What does it mean when you have no balance?
A person that has no balance can have one of two things. The first refers to a bank statement or credit card statement in which an individual has paid off any fees owed. This term can also refer to someone that has a balance disorder in which someone is uneasy on their feet and has difficulty walking or standing.
What is the difference between Actual balance and Available balance?
Actual balance is the real balance while avialable balance is the physical balance
What type of balance is illustrated here Asymmetrical balance Symmetrical balance Radial balance?
SYMMERTRICAL BALANCE
What does it mean a balance sheet does not balance?
my balance sheet does not balance why?
What does a balance do?
A balance is used to comapre the weights of two things
What is the difference pan scale balance scale?
balance scale balance things. oan scale dosent
What makes things balance?
Gravity
What are the interrelationship among living things that contribute balance of nature?
how understanding of the interrelation ships among living things contribute to balance of nature
What do you use to measure the mass of things?
You should use a top pan balance or a digital balance.
What happens if balance does not exist.?
When balance does not exist, chaos takes over and things spin out of control. Balance is important in every part of life.
What is Pay-Pal balance?
Similar to a bank account balance. If you have a positive balance of received money it will show here. If you are just a buyer you mostly have a zero balance as when you buy things your balance is used first.
True or false a balance can be used to measure volume?
True. A balance IS used to measure the volume of things.
Importance of graphs?
to help measue or balance things.
What things can you weigh using a balance scale?
money
Why did common law start?
it put balance into things
How and who prepares balance of payment?
The accountant prepares such things
