Prep example sentences
The Not-for-Profit Organisations are also required to prepare financial statements at the end of the each accounting period.Their activities and campaigns prepared the way for the French armies which moved into Holland, Belgium, Switzerland and much of Italy in the 1790s.In PREP_BY binary relationship type, OUCHER:EMPLOYEE is of cardinality ratio N:1 implying thereby that a set of vouchers can be created by a particular employee.In order to check the accuracy of the ledger accounts, they also prepare a trial balance which facilitate the preparation of accurate Receipt and Payment Account as well as the Income and Expenditure Account and the Balance Sheet.Ethanal (CH3CHO) is now commercially prepared by one step oxidation of ethene in the presence of ionic catalyst in aqueous medium with an yield of 90%.The Balance Sheet is prepared at the end of the entity's accounting year to depict the financial position on that date.It is used to prepare weed-free lawns by gardeners.The objective of preparing a statement of affairs is to ascertain the amount of capital account as on that date whereas a balance sheet is prepared to know the financial position of the business at a particular date.The trial balance when prepared on the basis of above balances will not tally.In order to check the accuracy of the ledger accounts, they also prepare a trial balance which facilitate the preparation of accurate Receipt and Payment Account as well as the Income and Expenditure Account and the Balance Sheet.The task of preparing the statements is simplified because the accountant can take the account balances from the trial balance instead of looking them up in the ledger.However, unless it is specified clearly as to which method is to be used, the cash flow statement may preferably be prepared by an indirect method as is done by most companies in practive.Final accounts of the Not-for-Profit organisations are prepared on the similar pattern as that of a business orgnisation.The account balances are used because the balance summarises the net effect of all transactions relating to an account and helps in preparing the financial statements.Calcium carbide is prepared by heating quick lime with coke.
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