The unpaid balance on capital accounts represents
Answers
Answer:
The unpaid balance on capital accounts represents
Answer:
The unpaid balance of capital will represent a Loss on Realisation.
Explanation:
A realised loss is the loss that is recognised when assets are sold for less than they were initially purchased for. A realised loss occurs when an asset that was acquired for less than its book value is distributed. To get the realised gain or loss, subtract the cost basis from the difference in the total consideration received. Positive variances signify realised profits. If the difference is negative, a loss has been realised. The account is debited when there is a loss on realisation. The main reason for opening a realisation account is to calculate the profit or loss arising from the realisation of assets and liabilities.
Therefore, overdue balances are the total sum still owed on a loan or credit card following the prior payment period.
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The amount finally left unpaid...
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The unpaid balance of capital will represent
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