91影视

A bank account maintained by the business entity or any individual thatallows unlimited deposits and withdrawal is a checking account. It is different from a savings account.

1. Treasury stock is a contra-equity account reported in the shareholder鈥檚 equity section and deduction from the retained earnings.

2. Checking account is the bank account and reported in the current asset as cash in the bank.

3. Land held for investment will be treated as an investment and reported in long-term investment on the asset side.

4. Sinking fund is also treated as a long-term investment and reported on the asset side of the balance sheet.

5. Unamortized premium on bonds payable is reported in the non-current liabilities section and deducted from the bonds payable.

6. Copyrights are reported under intangible assets on the asset side of the balance sheet.

7. Pension fund assets are reported under-investment as employee pension funds on the asset side of the balance sheet.

8. Premium on common stock is reported as additional paid-in-capital in the shareholder鈥檚 equity section.

9. Long-term investment given as collateral must be reported on the asset side as an investment along with collateral information.