Answer:
Balance Sheet
Explanation:
In accounting, Balance sheet will show a complete listing of assets, liabilities and Equity of a company within a specific time period. (For most companies, the balance sheet will be made at each end of the year)
under the Assets segment, Balance sheet will specify several accounts arranged based on their liquidity. Cash usually put at the top of the list since it's considered as the most liquid assets.
People use balance sheet to give a general measurement on Company's financial health. If for example, they noticed that the liability is significantly larger than their assets, investors might feel discourage to invest in the company.
Answer:
I think a shoe store would be considered a corporation, however it could be a sole proprietorship meaning the business is solely owned and taken care of by one person, but that's unlikely since a shoe store would need employees to maintain their store.
Explanation:
There are three categories of business which are the following:(1) sole proprietorship, (2) partnership, and (3) corporation. Within each category, there are several variations.
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Answer:. CSV and PDF
Explanation:
QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.
The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.
When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.
The equity approach has a tendency to yield different financial statement outcomes for a particular investment in equity securities than the fair value technique would.
A financial investment in a firm known as an equity investment entails buying its stock on the stock market. On a stock exchange, these shares are commonly exchanged.
With the equity method of accounting, the investment is first recorded at cost and later modified to reflect changes in the investor's portion of the investee's net assets following the purchase. Investments in equity Investments with fixed returns, such as money market instruments, and debt securities such as bonds and notes (some fixed income investments, such as certificates of deposit, may not be securities at all)
Fair market value (FMV) is the cost of an asset when a buyer and a seller have reasonable knowledge of it and are ready to negotiate a price without being under any obligation. A corporation can report the earnings it makes from its investment in another business using the equity method of accounting.
To learn more about equity securities:
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