enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Statement of changes in equity - Wikipedia

   en.wikipedia.org/wiki/Statement_of_changes_in_equity

   The statement explains the changes in a company's share capital, accumulated reserves and retained earnings over the reporting period. It breaks down changes in the owners' interest in the organization, and in the application of retained profit or surplus from one accounting period to the next.

3. Reserve (accounting) - Wikipedia

   en.wikipedia.org/wiki/Reserve_(accounting)

   Reserves created from profit, especially retained earnings, i.e. accumulated accounting profits, or in the case of nonprofits, operating surpluses. [3] However, profits may be distributed also to other types of reserves, for example: legal reserve fund from profit - many legislations require creation of the fund as a percentage of profits ...

4. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   The accounts are typically arranged in the order of the customary appearance of accounts in the financial statements: balance sheet accounts followed by profit and loss accounts. The charts of accounts can be picked from a standard chart of accounts, like the BAS in Sweden.

5. Account (bookkeeping) - Wikipedia

   en.wikipedia.org/wiki/Account_(bookkeeping)

   Similarly expenses during the financial period are recorded using the respective Expense accounts, which are also transferred to the revenue statement account. The net positive or negative balance (profit or loss) of the revenue statement account is transferred to reserves or capital account as the case may be.

6. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

7. Revaluation of fixed assets - Wikipedia

   en.wikipedia.org/wiki/Revaluation_of_fixed_assets

   Revaluation Reserve is treated as a Capital Reserve. The increase in depreciation arising out of revaluation of fixed assets is debited to revaluation reserve and the normal depreciation to Profit and Loss account. Selection of the most suitable method of revaluation is extremely important. The most used method is the appraisal method.