Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Classifiacation of accounts (https://www.askmehelpdesk.com/showthread.php?t=407733)

  • Oct 19, 2009, 04:10 PM
    benipald3
    Classifiacation of accounts
    These are some accounts I want to know which they came into
    Capital shares no par
    Loss on sale of equipment
    Gain from early extinguishment
    Error made in calculating 2006 amortization expense
  • Oct 20, 2009, 04:12 AM
    ROLCAM

    Capital shares no par ****** BALANCE SHEET
    Loss on sale of equipment ** PROFIT & LOSS
    Gain from early extinguishment****P & L
    Error made in calculating 2006 amortization expense******P & L
  • Oct 22, 2009, 06:27 AM
    benipald3
    Quote:

    Originally Posted by ROLCAM View Post
    capital shares no par ****** BALANCE SHEET
    Loss on sale of equipment ** PROFIT & LOSS
    gain from early extinguishment****P & L
    error made in calculating 2006 amortization expense******P & L

    Thanks can you please tell me the classification of these accounts in balance sheet and income or retained earnings
  • Oct 22, 2009, 06:28 AM
    benipald3
    [QUOTE=benipald3;2045694]Thanks can you please tell me the classification of these accounts in balance sheet and income or retained earningsalso can you tell me what type of account is dividend declared and its classification

  • All times are GMT -7. The time now is 11:39 AM.