'Liability account' presentation slideshows

Chapter 4

Chapter 4 Accounting for Branches and Combined Financial Statements Objectives of this Chapter To learn the accounting and reporting for segments (i.e., branches and division) of a business entity. Branches and Divisions

5.53k views • 112 slides

Non-Resident Alien Taxation

Non-Resident Alien Taxation. Presented by: Doris Settle Diane Carver Western Kentucky University February 3, 2012. Session Rules of Etiquette. Please turn off your cell phone/pager If you must leave the session early, please do so as discreetly as possible

1.03k views • 80 slides

Accounts Payable, Commitments, Contingencies, and Risks

Accounts Payable, Commitments, Contingencies, and Risks. Chapter 8. Types of Current Liabilities. Current liabilities are short-term obligations that usually must be paid from current assets within a year. Three Types of Current Liabilities. Obligations to pay cash to another entity

809 views • 57 slides

1 POINT

Choc. Creme. Cruller. Boston Creme. Jelly. Glazed. 1 POINT. 1 POINT. 1 POINT. 1 POINT. 1 POINT. 2 POINTS. 2 POINTS. 2 POINTS. 2 POINTS. 2 POINTS. 3 POINTS. 3 POINTS. 3 POINTS. 3 POINTS. 3 POINTS. 4 POINTS. 4 POINTS. 4 POINTS. 4 POINTS. 4 POINTS. 5 POINTS. 5 POINTS.

699 views • 57 slides

Chapter Twelve

Chapter Twelve Statement of Cash Flows Reporting Format for the Statement of Cash Flows The Statement of Cash Flows must include the following three sections, as defined in FASB Statement 95 : Operating Activities Investing Activities Financing Activities Inflows Receipts from sales.

919 views • 47 slides

Chapter 4

THE ACCOUNTING CYCLE: Accruals and Prepayments. Chapter 4. At the end of the period, we need to make adjusting entries to get the accounts up to date for the financial statements. Adjusting Entries. Adjusting entries are. Every adjusting.

985 views • 41 slides

TOPIC 3

TOPIC 3. ACCOUNTING FOR LEASES AND HIRE PURCHASE CONTRACTS. 1. Introduction. Leases and hp contracts are means by which companies obtain the right to use or purchase fixed assets. Avoids having to raise the cash up front.

897 views • 40 slides

A ccounting Principles

A ccounting Principles. Adjusting Entries: Accruals. TIME-PERIOD ASSUMPTION. The time period (or periodicity) assumption assumes that the economic life of a business can be divided into artificial time periods.

1.05k views • 39 slides

Demonstration Problem

444 views • 34 slides

Adjusting Entries

Adjusting Entries. Adjusting Entries. Adjusting Entries bring certain account balances up to date at the end of the accounting period . Adjusting Entries are made after preparing the trial balance at the end of the accounting period.

1.73k views • 24 slides

Financial Statements for a Sole Proprietorship

800 views • 22 slides

Introduction to Accounting 120 Chapter 6: Sales Tax & Financial Trend Analysis

Introduction to Accounting 120 Chapter 6: Sales Tax & Financial Trend Analysis . Mr. Binet Moncton High School. What is Tax?. A sales tax is one way that the Provincial and Federal Governments can raise funds.

356 views • 22 slides

Coming Changes to Lease Accounting

Coming Changes to Lease Accounting. Joint Project IASB & FASB Discussion Paper 2009 Exposure Draft Planned 2010 Final Standard Planned 2011. This presentation is based on the discussion paper. Comments were due July 16, 2009

369 views • 21 slides

Preparing a Worksheet for a Merchandise Company

Preparing a Worksheet for a Merchandise Company. Chapter 12. Learning Objective 1. Figuring adjustments for merchandise inventory, unearned rent, supplies used, insurance expired, depreciation expense, and salaries accrued. Learning Unit 12-1.

848 views • 21 slides

CHAPTER 6

CHAPTER 6. Payroll Accounting 2012 Bernard J. Bieg and Judith A. Toland. Developed by Lisa Swallow, CPA CMA MS. ANALYZING & JOURNALIZING PAYROLL TRANSACTIONS. Learning Objectives. Record payrolls in appropriate records

287 views • 11 slides

Sources and Uses of Funds Analysis

Sources and Uses of Funds Analysis. (Comparative Balance Sheet Analysis). Sources of Funds. Decrease in an asset account Example, reduction in inventory Increase in a liability account Example, increase in accounts payable. Uses of Funds. Increase in an asset account

753 views • 10 slides

Here The Best Way to Set Up Loan in QuickBooks Online

QuickBooks has a feature for all aspect of business needs and taking a loan is a part of the business though it is necessary to maintain loan payments or loan account to track the info about loan payments. QuickBooks Desktop has the feature Loan Manager which is well fledged to manage all affairs about Loan however set up loan in QuickBooks Online, the user requires to do all procedures manually. The Following PPT Have Contained about manually set up a loan in QuickBooks simply further You can Dial (844)-888-4666 to avail QuickBooks ProAdvisors Assistance, which is available round the Clock.

84 views • 8 slides

Establish a Service Business

76 views • 7 slides