Balance Sheet

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Member's Profile
Dan Ryan
Title: CFO
Company: Privately held
(CFO at Privately held)
We have recently gone through a restructuring that resulted in a number of write-offs of assets and taking charges for the estimated cost of transition of certain employees. Are these...
Member's Profile
Ronald Pressler
Title: Senior Accountant
Company: in-between
(Senior Accountant at in-between)
I am looking for budgeting and forecasting guidance on how to budget an income statement, balance sheet and prepare a cash forecast. I just started my job and need to put together...
Anonymous Member
Anonymous
(Financial Analyst)
Hi all, Kindly assist on the correct treatment of directors loans on the balance sheet. Do we present it under short term or long term liabilities?
Anonymous Member
Anonymous
(Financial Analyst)
I was arguing with one of the brokers who claimed that "Calls in arrears" is part of Current Assets. In my understanding, "Calls in arrears" is an asset, but it...
Member's Profile
Patricia Shepherd
Title: VP Finance/CFO
Company: XAware, Inc.
(VP Finance/CFO at XAware, Inc.)
I have a quick question I'm hoping someone can assist me with.  We had paid a security deposit to our landlord many years ago.  This was booked on the balance sheet...
Anonymous Member
Anonymous
(Accounts Manager)
Subsidiary company (FDI) re-valuates its loan as per the directives (Agreement) of its parent company abroad every month and charges to P/L account annually. The loan in foreign...
Anonymous Member
Anonymous
(Student)
I was wondering if you could help me out with a financial statement question for a possible job interview? My question is if you were a bank and a company was trying to borrow money...
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
The difference between a classified balance sheet and an unclassified balance sheet is only the amounts for the total assets and total liabilities are provided for an unclassified...
Anonymous Member
Anonymous
(Sr. International Accountant)
They should go to other comprehensive income (PL) account. Right? our funcational currency is USD . Thanks for any guidance.
Member's Profile
Wende Mutschler
Title: President
Company: Basic Bookkeeping Inc
(President at Basic Bookkeeping Inc)