<![CDATA[FrontAccounting forum — Miscellaneous issues in financial reporting]]> https://frontaccounting.com/punbb/viewtopic.php?id=1515 Mon, 30 Aug 2010 10:35:48 +0000 PunBB <![CDATA[Re: Miscellaneous issues in financial reporting]]> https://frontaccounting.com/punbb/viewtopic.php?pid=6816#p6816 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

]]> Mon, 30 Aug 2010 10:35:48 +0000 https://frontaccounting.com/punbb/viewtopic.php?pid=6816#p6816 <![CDATA[Miscellaneous issues in financial reporting]]> https://frontaccounting.com/punbb/viewtopic.php?pid=6814#p6814 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.

]]> Mon, 30 Aug 2010 07:56:38 +0000 https://frontaccounting.com/punbb/viewtopic.php?pid=6814#p6814