Both retained earnings and total assets are on the balance sheet of the business. The retained earnings shown on the balance sheet represents the accumulated profits and losses retained by the business since it commenced trading. When a business makes
The company must recognize a liability because it owes the customer for the goods or contribution margin services the customer paid for. Bonds Payable – Many companies choose to issue bonds to the public in order to finance future growth. Bonds are essentially
The credit balance in this account comes from the entry wherein Bad Debts Expense is debited. The amount in this entry may be a percentage of sales or it might be based on an aging analysis of the accounts receivables
Registered Office : No.424, Legacy Centre Hanworth Trading Estate Feltham, TW 13 6th London
Operational Head office : Plot No. 815, B.V.L Complex 4th Street, Sri Swamy Ayyappa Society Madhapur, Hyderabad – 500081
1505, 15th Floor, Barjuman Business Towers, Sheikh Zayed Street, Al Mankhool,
Dubai, UAE
55 Chevron Crescent,
Toronto M1K 3N6
Hengda Building, 137 Cecil Street, #10-07, Postal 069537
1300 N CUSTER RD APT # 6203 ALLEN TX 75013-3516
