Trending Year End Close Discussions

Current Liabilities: Debts to be settled within a year.?‎

Current Liabilities: Debts to be settled within a year. Long-Term Liabilities: Debts with a longer repayment timeframe. Contingent Liabilities: Potential obligations base‎ ... See More

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Current Liabilities: Debts to be settled within a year.?‎

Current Liabilities: Debts to be settled within a year. Long-Term Liabilities: Debts with a longer repayment timeframe. Contingent Liabilities: Potential obligations base‎ ... See More

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What is the difference between Accrued Revenues and Work In Progress ?‎

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How do you treat recoverable of bad debts in the of accounts which you have already write off in previous year?‎

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Dashing Car Repair Shop started the year with total assets of $60,000 and total liabilities of $40,000.?‎

During the year the business recorded $100,000 in car repair revenues, $55,000 in expenses, and dividends of $10,000.   The net income reported by Dashing Car Repair Sh‎ ... See More

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What is a hard close and soft close ?‎

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How many statement prepare at end of year?‎

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Suspension account will settles in next year or not? If settles, How will settles?‎

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Should we appreciate laborers as we are doing whole year?‎

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How do we perform the AP subsidiary books reconciliation with AP GL at the month end?Traditional way please.‎

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