Why does a company''s profit appear as a credit

Why does a company''s profit appear as a credit

Assignment Help Accounting Basics

Reference no: EM13904086

Why does a company's profit appear as a credit on its balance sheet?

Reference no: EM13904086

Questions Cloud

What is the difference between net cash flow and net income : What is the difference between net cash flow and net income?

Why would prepaid insurance have a credit balance : Why would Prepaid Insurance have a credit balance?

Why is the accuracy of inventory valuation so important : Why is the accuracy of inventory valuation so important?

Depreciation on motor vehicles : Depreciation on Motor Vehicles @ half ,editors incorporate a case for harms of Rs. 30,000 and which was settled by paying Rs. 20,000.

Why does a company''s profit appear as a credit : Why does a company's profit appear as a credit on its balance sheet?

How do i record a loan payment which includes paying : How do I record a loan payment which includes paying both interest and principal?

What is the difference between a debit and a debit balance : What is the difference between a debit and a debit balance?

Provision for dicey obligations : Provision for dicey obligations is to be kept at Rs. 500 (c) Depreciate plant and apparatus

Trading and profit and loss account : Prepare a Trading and Profit and Loss Account and a Balance Sheet in the wake of considering the accompanying conformities

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd