This is debt that you have to pay back within a year—usually any short-term loan. This can also be referred to on a balance sheet as a line item called current liabilities or short-term loans. Your related interest expenses don’t go here or anywhere on the balance sheet; those should...
9.4K The end-of-period worksheet is a tool used in accounting to bring together expenses. Delve into this special document with its definition, an example of what is on each worksheet, and how to prepare one when tax time comes. Related...
In accounting and bookkeeping, a capital account is a general ledger account that is part of the balance sheet classification: Owner’s equity (in a sole proprietorship) Stockholders’ equity (in a corporation) Examples of Capital Accounts The sole proprietorship of J. Lee will include the follo...
What are the journal entries for a stock split? What is the difference between par and no par value stock? What is preferred stock? What is common stock? What is stock? What is the book value per share of stock? Related In-Depth Explanations Stockholders' Equity Mark the Questi...
'The paging file is too small for this operation to complete. "Cannot view XML input using XSL style sheet." error "input type=file". File name disappears if there is a post-back "Mailbox name not allowed. The server response was: sorry, your mail was administratively denied. (#5.7.1...
What is par amount in accounting?Accounting:Accounting entails keeping track of transactions that occur in a business that results in and out movement of cash. Employing accounting in a business helps in avoiding the theft of cash and assets since they are recorded....
What is a statement of shareholders’ equity? A statement of shareholder’s equity, also called a “statement of stockholders’ equity” or a “statement of owner’s equity,” is a section of a business’s balance sheet that lists the difference between total assets and total liabilities. It...
11.问: What is your greatest strength? 答: I work well under pressure. When there is a deadline (a time by which the work must be finished), I can focus on the task at hand (current project) and structure my work schedule well. I remember one week when I had to get 6 new cust...
A liability is an (existing) obligation towards another party and is reported on a company’sbalance sheet, like debts that small businesses owe to another business, organization, vendor, employee, or government agency.. This obligation may consist of paying money, delivering goods or rendering se...
A capital reserve is a line item in the equity section of a company's balance sheet that indicates the cash on hand that can be used for future expenses or to offset any capital losses. It's derived from the accumulated capital surplus of a company and is created out of its profit. ...