Clearing Accounts
Move the asset and liability clearing accounts out of Current Assets/Liabilities, since in certain statements, the balances of the clearing accounts should not be taken into account (as in liquidity ratios, for example).
Move the asset and liability clearing accounts out of Current Assets/Liabilities, since in certain statements, the balances of the clearing accounts should not be taken into account (as in liquidity ratios, for example).
Log in to comment and vote
No comments yet
Be the first to share your thoughts.