Preparation of reports
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Preparation of reports

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    Naledi M.
    BW
    Naledi M.

    To my understanding rent is an Operating cost.

    Sanjeevan S.
    GB
    Sanjeevan S.

    Balance Sheet Notes

    Sanjeevan S.
    GB
    Sanjeevan S.

    P & L Notes

    Sanjeevan S.
    GB
    Sanjeevan S.

    In preparing financial statements, we use information from your accounting system to prepare financial statements on your behalf. These financial statements, while primarily intended for management and internal business users, are not limited to that purpose. We do not issue an accountant's report or explanatory notes to accompany these financial statements. At the bottom of each page there is a foot note that states "These financial statements have not been subject to a compilation, review, or audit engagement."

    Rose R.
    PG
    Rose R.

    When preparing or reconstructing a record to determine dollar amounts it is important that the relevant amount go to the correct position statement.

    Cheryl S.
    CA
    Cheryl S.

    why is rent consider a profit? is that not an operational expense?

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