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premises will be credit in trial balance. it will have debit balance because it is asset and due to modern rule of accounts asset increase on debit side… Where will leasehold premises come in final accounts? Answer: Leasehold Property is to be shown in the Assets side of the BalanceRead More →

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Full and double size sheets will never work on a queen size mattress. Using queen size sheets on the smaller bed will result in loose fitting sheets that will not stay on the bed while you toss and turn. Is full and queen same size? A typical queen-sized mattress isRead More →

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First, purchase the JD Advising bar exam one-sheets early! … Review the bar exam one-sheets before lecture. … Memorize the bar exam one-sheets! … Complete practice essays. How accurate is JD advising? Accuracy of JD Advising’s February 2020 MEE Seminar Predictions. Below we discuss the accuracy of JD Advising’s FebruaryRead More →

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Use A Disposable Razor. Just like you use a razor to shave unwanted hair off your body, you can take the same product to your sweaters to remove the lint. … Try A Pumice Stone. … Prevent Pilling In The First Place. … Choose Your Fabrics Wisely. … Buy ARead More →

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Protect a sheet or range Open a spreadsheet in Google Sheets. Click Data. Protected sheets and ranges. … Click Add a sheet or range or click an existing protection to edit it. To protect a range, click Range. … Click Set permissions or Change permissions. Choose how you want toRead More →

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Receivables are created by extending a line of credit to customers and are reported as current assets on a company’s balance sheet. They are considered a liquid asset, because they can be used as collateral to secure a loan to help meet short-term obligations. Receivables are part of a company’sRead More →

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Contingent liabilities, liabilities that depend on the outcome of an uncertain event, must pass two thresholds before they can be reported in financial statements. … Qualifying contingent liabilities are recorded as an expense on the income statement and a liability on the balance sheet. What are contingent liabilities explain theirRead More →

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Difference between soil erosion and sheet erosion ? The washing away of the top layer of soil due to the action of the agents of denudation is called Soil Erosion. When water flows as a sheet downhill, it erodes the soil on the hill slopes. This is called Sheet erosion.Read More →

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Derivatives comprise, inter alia, futures and forwards, swaps, options and instruments with similar characteristics. Derivatives are a sub-set of off-balance-sheet contingencies and commitments. Are derivatives recorded as off-balance sheet activities? A) Off-balance sheet derivatives are treated as if they were on-balance sheet liabilities with a carrying amount equal to zeroRead More →

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For shareholders, dividends are an asset because they increase the shareholders’ net worth by the amount of the dividend. For companies, dividends are a liability because they reduce the company’s assets by the total amount of dividend payments. Are dividends included in financial statements? Cash or stock dividends distributed toRead More →