Examlex
What columns would you suggest for a subsidiary ledger account in order that it might be a subsidiary not only to the "appropriations" control account but also the "encumbrances" and the "expenditures" control accounts?
Contra Asset
An account on a company's balance sheet that offsets against an asset account on the same balance sheet.
Miscellaneous Revenue
Income from sources other than the main business activities, such as rental income or interest income.
Cash Over And Short
An account that records the discrepancies between the actual cash received and the expected amount.
Credit Balance
An accounting term that signifies a positive balance in a liability, revenue, or equity account, which increases on the credit side and decreases on the debit side.
Q13: The primary beneficiary of a variable interest
Q16: Discuss the methods used to record changes
Q17: On September 1, 2014, Mudd Plating Company
Q24: Which type of fund can be either
Q29: The Uniform Partnership Act specifies specific steps
Q33: A decrease in accounts receivable should be------to
Q37: Paid-in capital accounts are translated using the
Q39: The following item would be classified as
Q39: Pinta Company owns 90% of the common
Q40: Per FASB rules, firms may use the------method