Balance Sheet

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Anonymous Member
(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...
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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...
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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...
Anonymous Member
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...
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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
(Sr. International Accountant)
They should go to other comprehensive income (PL) account. Right? our funcational currency is USD . Thanks for any guidance.
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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...
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Wende Mutschler
Title: President
Company: Basic Bookkeeping Inc
(President at Basic Bookkeeping Inc)
Anonymous Member
(Senior Director)
Hello, Our Company is in the process of enhancing our bookkeeping and accounting processes. Historically, we have done pro forma bookings and income projections in excel, but now we...
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Bryan Frey
Title: VP Finance/Corp Controller
(VP Finance/Corp Controller)
Confusing, I know. The story is that my company books many service deals. Some are collectible before services have been rendered, some after. So the revenue recognition is separate...