Balance

If any difference between balance due to contractor and employer, the balance shall be payable by the employer to the contractor within the period of honoring certificates Procedure of payment upon completion 1. Within 3 month after the issuance of the certificate of practical completion, the contractor…

two categories are then broken down into net investment in capital assets, restricted for, and unrestricted net position, showcasing the net position for the two larger categories as the total amount. The statistical section also shows in the fund balance of governmental funds table the amounts that went into unreserved, non-spendable, committed, assigned, and unassigned accounts over the last ten fiscal years. The financial statements have this information also, but it is only for the current…

psychology could not stop his temptation of writing about India. He is so much inspired by his country’s love that he presented a wider canvas of the nation in his second novel ‘A Fine Balance’ which interweaves the life of ‘subaltern’ marginalised and the poor in the narrative of the nation. ‘A Fine Balance’ has been very artistically and skilfully carved at the hand of Mistry. This novel is a triumph in the genre of realistic fiction. He covered the most volatile and violent…

financial condition, there are multiple ethical issues that are being presented to the company, its President and Vice President and myself. For the company, the ethical issue is that should it fake the information on the company's cash position and balance sheet to continue getting the funds from First National Bank or be honest with them and ask for an extension to pay the interest amount. This is an important issue for the company because bills over $12,000-$15,000 are due and the company’s…

Valeant Pharmaceuticals is a Canadian based company that develops, markets and manufactures a broad range of pharmaceuticals. The acquired company, Salix, is the leader in the growing U.S Gastrointestinal market, which is a wholly owned subsidiary of Valeant. They have over 22 products including known prescription brands like Xifaxan that will provide Valeant a diversified product breadth1. Valeant Pharmaceuticals acquired Salix Pharmaceuticals on April 1, 2015 by purchasing all outstanding…

expense may be negative which results in current tax expense being less than current income tax obligation” (Income Tax: Current Vs. Deferred, 2013). A deferred tax expense, a benefit, is either the decrease or increase in the deferred tax asset balance pertaining to through the specified accounting period, from start to finish. Deferred tax assets should be reduced by a valuation allowance if there is a possibility of it not being…

CHAPTER-4 ANALYSIS AND INTERPRETATION CREDIT MANAGEMENT AT KAR MOBILES PVT LTD: Very few companies have attempted a systematic articulation and formalization of their credit policy and KAR MOBILES PVT LTD is one among them. TERMS OF PAYMENT: Terms of payment at KAR MOBILES PVT LTD are open account. Credit sales at the company can be As per the purchase order the amount is taken at the time of delivery. • The company excise duty is 12%. • Letter of credit is also followed. • Mode of…

introduction of this application, firms that existed charged a commission, which was not cost friendly to the individuals. Robin Hood Stock Trading is a profit making company that generates its revenue from interests that is re earned from the customer’s balances. The motivation of the company to deal with the issue of charging of commissions to individuals was as a result of the need to reduce the costs involved in stock trade. The company was started using seed capital. This is capital that…

statements, balance sheet and statement of cash flow. Income statements report the results of operations over a period of time and it provides information about earning per share. That is why investors are interested in this report the most. Similarly, statement of cash flow statement reports useful information about the effect of operating, investing and financing activities on cash flows over an accounting period. This type of report is more interesting to managers than investors. Balance…

Interview an Accountant For this assignment, I was able to get in contact with a high school friend of mine that was an outstanding student athlete. The reason for reaching out to him was to follow up with a person I knew had a bright future and broke the sigma of the athlete stereotype when it comes to academics. Marcus Law works as a Business Account Manager (entertainment industry) for Chapnick Smukler & Chapnick in Encino, CA. He has worked in the position for a bit over 2 years.…