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The fund statement states that the foundation provides financial assistance to "promising individuals proving acceptance into any accredited institution of higher learning". The fund has been established by many notable professionals.

The foundation provides financial assistance to promising individuals proving acceptance into any accredited institution of higher learning. The scholarship was founded on the belief that any desiring individual should have an opportunity to further their education, regardless of race, gender, orientation, creed, ethnicity, age, religion, ancestry, and economic and or social status. We are a hybrid establishment that provides the necessary assistance to those in need.

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Q: What is fund statement explain its purpose sources of fund applications of fund?
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Name and explain five sources of debt financing?

name and explain 5 sources of debt financing


Is depriciation a source of funds?

Depreciation is, strictly speaking, not a source of funds: you can not take the value of depreciation and spend it at the store. Rather, depreciation is a contra asset account, i.e., business expense, that is 'added back' in preparing a Sources and Applications of Funds, i.e., Cash Flow Statement, to arrive at a more accurate indicator of cash flowing into and out of the business.


What is Fund Statement Explain its purposes sources of fund application of fund etc?

The fund means all the financial resources of a firm such as cash in hand, bank balance, accounts receivable etc. Any changes in these resources are reflected in the firm's financial position. The Funds Statement is called by different names, viz., Source and Application of Funds, Sources and Uses of Funds, Movements of Working Capital statement, Movements of Funds statement and Where Got and Where Gone statement. This statement is prepared to indicate the increase in the cash resources and the utilization of such resources of a business during a given period. It is prepared to enable the management to know the movement in liquid assets between two dates. Increases and decreases together with adjusted profits for the period and depreciation charges, taxation, dividends paid will be shown. It shows the ebb and flow of funds into and out of the business. This statement gives a clear picture of what has become of the net profits and of the funds obtained from other sources. It is a means of analyzing in detail the items contained in the balance sheets by recast of increase and decrease of certain figures not found in the balance sheets and linking in the analysis. They are not intended to report the changes in the assets and liabilities from all aspects of a company's performance during an accounting period.


What are the 5 major sources of credit for consumers?

There are 5 major sources of Credit for Consumers.1) Banks2) Brokerage Firms3) Credit Unions4) Insurance Companies5) Finance CompaniesHere is a website that will fully explain each of the 5 sources in simple terms. I hope this helps!http://www.buzzle.com/articles/sources-of-consumer-credit.html


Sources of Finance in financial management?

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Related questions

What is fund flow statement how it differ from such flow statement explain the main sources and uses of funds?

Fund flow Statement helps to measure the different sources of funds. Funds Flow Statement analyses the Sources and Application of Funds while others don't.


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The Income Statement section of the work sheet is the information source used in preparing the income statement.


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