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Final accounts gives an idea about the profitability and financial position of a business to its management, owners, the public and other interested parties. All business transactions are first recorded in a journal .
The FBISE was established under the FBISE Act 1975. [2] It is an autonomous body of working under the Ministry of Federal Education and Professional Training. [3] The official website of FBISE was launched on June 7, 2001, and was inaugurated by Mrs. Zobaida Jalal, the Minister for Education [4] The first-ever online result of FBISE was announced on 18 August 2001. [5]
Financial statements display the income and expenditure for the company and a summary of the assets, liabilities, and shareholders' or owners' equity of the company on the date to which the accounts were prepared. Asset, expense, and dividend accounts have normal debit balances (i.e., debiting these types of accounts increases them).
Examples of common financial accounts are sales, accounts [1] receivable, mortgages, loans, PP&E, common stock, sales, services, wages and payroll. A chart of accounts provides a listing of all financial accounts used by particular business, organization, or government agency.
Liability accounts are used to recognize liabilities. A liability is a present obligation of an entity to transfer an economic benefit (CF E37). Common examples of liability accounts include accounts payable, deferred revenue, bank loans, bonds payable and lease obligations. Equity accounts are used to recognize ownership equity. The terms ...
The Saints' secondary is the 11th-easiest for opposing wideouts to score against, and obviously it lost Marshon Lattimore to a trade two weeks ago. Cedric Tillman looks like the first read for ...
Another longtime sponsor could be leaving NASCAR. Denny Hamlin posted a thank you message to FedEx on social media before Sunday’s Cup Series season finale at Phoenix.
Following is the list of Secondary and Higher Secondary education institutes in Islamabad which are registered by the Federal Board of Intermediate and Secondary Education; [2] All the government education institutes from Primary to college level works under the ambit of Federal Directorate of Education, Islamabad. Olevels.com School