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Credit balance brought down on the cash column of a firm a cash book what does it means?
the term balance brought down is an amount entered at the end of a period to balance income and expenditure,which the total of this balance would be the balance brought forward at the start of the next statement of transactions
What is a Vector Exception on your bank statement?
A vector exception is a charge that had to be manually inputed into an account. Whether it be an old check, posting charges over a hard hold on an account, or even check that had to be clear by fraud operations. A quick call to your bank should illuminate you on why a charge had to be manually entered into the account.
Errors of original entry?
When a wrong figure is entered in the two books of account.
What was the long term affect of the stock market crash?
the country entered into a depression
Which principle determines the amount initially entered into the records for purchases?
cost principle
Does a higher closing stock increase cost of sales?
No, it decrease cost of sales and increases gross profit.Closing stock is not shown on a trial balance and when entered into the income statement, the closing stock will carry through to the balance sheet and increase retained income.
Is closing entries normally entered in the general journal and then posted to the work sheet?
Closing entries are normally entered in the general journal to zero temporary and nominal accounts. They do not need to be posted to the worksheet.
Closing entry need to be?
Closing entries should be journalized and posted. They are entered in the general journal, as well as posted in the general ledger.
When completing a deposit slip Is all cash entered as one sum?
it is true,,
What do you do if you have made a large deposit and the bank entered a lesser amount then what you deposited?
CRY
How is an illegal agreement different from fraud and misrepresentation?
An illegal agreement is usually made in good faith, with out intent to defraud or mis-represent.Like if you inherit a house, try to sell it , and even tho you have the deed, find out there is a lien on it during the title search . You have entered into an illegal agreement and must return the deposit or earnest money you took in advance.
Statement declaring evidence entered in a case has been done incorrectly?
INADMISSABLE
Where could a person find the interest rates for certificates of deposit?
A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.
Who carried the canadian flag when the team entered the stadium?
Open Ceremonies was Clara Hughes Closing Ceremonies was Joannie Rochette
When all payments on a remittance advice have been sucessfully entered and applied to charges what should appear in the unapplied box in the upper right corner of the deposit list dialog box?
The amount of deposit that has not yet been applied
What is the meaning of depositions?
A Deposition is a recorded statement made under oath that can be entered into evidence in a legal proceeding.
What is meaning of deposits?
A Deposition is a recorded statement made under oath that can be entered into evidence in a legal proceeding.
