There are many benefits to using folders when working with lots of files. Here are a few examples:
- You can use folders to sort your files by type, almost like drawers in a desk, so you might have folders for Music, Photographs, Documents, etc.
- You can use folders to group files together into a specific group. For example in your Photographs folder you might have a folder titled BirthdayPhotographs for all the photographs from your birthday.
- As in the example above you can nest folders to create sub-categories. Documents might include folders for Homework, Stories, Poems
- Folders can have different permissions applied to them, allowing you to keep personal files in a private folder only you can access, or secret files in a folder that doesn't show up in the normal list of folders!
The account form has two columns, set side by side. The left column lists the company's assets. The final line on the left side of the sheet provides the total value of all assets. The column on the right lists both liabilities and equity, with liabilities coming first.
Answer:
When the goods or services are provided to customers.
Explanation:
Revenue recognition principle requires that the revenue berocorded when goods or services associated with it are delivered or performed. If you receive cash for the services to be performed then ot should not be recorded in the revnue until you provide the services. You should recorded it as the deffered income in the books.
