Statement account definition
Examples of Statement account in a sentence
Expenditure incurred during the year that may be capitalised under statutory provisions but does not result in the creation of a non-current asset has been charged as expenditure to the relevant service in the Comprehensive Income and Expenditure Statement account in the year.
Notes to the AccountsExpenditure incurred during the year that may be capitalised under statutory provisions but does not result in the creation of a non-current asset has been charged as expenditure to the relevant service in the Comprehensive Income and Expenditure Statement account in the year.
Accounting policies (continued) LeasesOperating lease rentals are charged to the Income Statement account on a straight line basis over the period of the lease.
Any investment expenses is systematically expensed.At the end of each month, an asset production item neutralizes the expense in the Income Statement (account 722000) with an asset in progress contra account.
A&P will cooperate with C&S to add (now and in the future) any appropriate or necessary language to the Weekly Statement, account statements, purchase orders, invoices and other documents and to take any other actions (now and in the future) reasonably requested by C&S to ensure that both Parties are in compliance with PACA, and that, with respect to PACA regulated commodities sold hereunder, C&S can preserve its rights to the PACA trust.
When a Domestic pairing ends with a deadhead segment, a Lineholder may, with prior notice to Crew Scheduling, and a Reserve may, with prior approval from Crew Scheduling, elect not to fly on the scheduled deadhead segment.
Adjusting entries to accrue revenue will affect both an income statement (credit to a revenue) and a balance sheet (debit to a receivable) account all adjusting entries effect one Income Statement account and one Balance Sheet account.Explain accrued rent revenue and the adjustment needed.
For early retirements not funded by the scheme, the full amount of the liability for the additional costs is charged to the Operating Cost Statement account at the time the Trust commits itself to the retirement, regardless of the method of payment.
The ESSA Treasurer, John Robson (Aztec Event Services Ltd) reported as follows: At first glance, the Income Statement account may have caused concern for some members as we posted an after-tax deficit for 2017 of £1,062.
LeasesOperating lease rentals are charged to the Income Statement account on a straight line basis over the period of the lease.