<![CDATA[FrontAccounting forum — Miscellaneous issues in financial reporting]]> 2010-08-30T10:35:48Z PunBB https://frontaccounting.com/punbb/viewtopic.php?id=1515 <![CDATA[Re: Miscellaneous issues in financial reporting]]> The 'Calculated return' in Balance sheet is the same as the Net Profit for the Period. When the year is closed it will be converted to Retained Earnings. So it is a kind of Equity, although not yet booked. This is the reason for calling it Calculated Return.
The calculated return is also the difference between assets and liabilities.

/Joe

]]> https://frontaccounting.com/punbb/profile.php?id=3 2010-08-30T10:35:48Z https://frontaccounting.com/punbb/viewtopic.php?pid=6816#p6816 <![CDATA[Miscellaneous issues in financial reporting]]> Dear Sir

Can you explain me why "Calculated returned" labeled in Balance Sheet? It would be helpful for me if you clear me.

Thank you in adv.

]]> https://frontaccounting.com/punbb/profile.php?id=549 2010-08-30T07:56:38Z https://frontaccounting.com/punbb/viewtopic.php?pid=6814#p6814