In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
yes
To use technical knowledge in correcting a balance sheet, the balance sheet is compared to past balance sheets. For example, in comparing liabilities, a total might be grossly higher or lower than in the past. This will notify the auditor that a miscalculation could have occurred in the liabilities section.
Cash is most liquid item in asset side of balance sheet and cash is that amount which is in hand for use for expenses of business.
Operating lease provide the off balance sheet financing because in that case company enjoys to use the asset but it is not shown in balance sheet which keeps the ratios in favourable conditions.
kk
Depreciation is not included in balance sheet it is income statement part and accumulated deprecation is use to show deduction from asset in balance sheet.
Loan is on balance sheet
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
yes
A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.
To use technical knowledge in correcting a balance sheet, the balance sheet is compared to past balance sheets. For example, in comparing liabilities, a total might be grossly higher or lower than in the past. This will notify the auditor that a miscalculation could have occurred in the liabilities section.
grouping and marshalling in balance sheet grouping and marshalling in balance sheet
Cash is most liquid item in asset side of balance sheet and cash is that amount which is in hand for use for expenses of business.
Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.
Operating lease provide the off balance sheet financing because in that case company enjoys to use the asset but it is not shown in balance sheet which keeps the ratios in favourable conditions.
Proforma balance sheet is a projected balance sheet to predict the future of business.