Notes Payable Journal Entries
Current liabilities are short-term liabilities of a company, typically less than 90 days. A note payable is a debt that is established with a written agreement, such as a bank loan. The notes payable account in the liabilities section of the balance ...
Which Financial Statements Are Most Pertinent to a Nonprofit Organization?
Timing obviously plays a very important role in nonprofit accounting. Not only is it significant in recognizing revenue and expenditures, but it is also critical in monitoring the financial performance of the organization. The timely development and ...
CIPC :: Authorised shares changes
In total the Cash account increased by $2,000 and the paid-in capital reported under stockholders' equity increased by a total of $2,000 ($100 + $1,900). Apple Inc.'s balance sheet for its fiscal year 2013 showed an authorization of 1.8 billion no pa...