Do I record cash I invested and used for capital improvements of a RE on BS or do I record it as an equity in the building?
My wife is filling out her college loan Fasfa ap and the question "Do you have assets totaling 11,000 or greater?" Do vehicles and home count as assets if more than 1/2 way paid through? Or do they mean liquid as in "If you liquidated all your paid for worldly possessions, are you worth 11,000?"?
What are typical liquid liabilities?
What is net loss?
Which type of trial balance is best for preparing financial accounting?
What are the components of a merchandising business?
Which journal is used to record cash outflows ?
Is a prepaid expense an asset?
What is the difference between Business and public revenue?
Will a debit entry in the cash book increase a bank balance or an overdraft ?
The excess of expenses over revenue is called?
What is payroll, and why is it important for an organization/business?
What is debtors allowances classified as?
What is a credit purchase journal?
What do you need when starting a business from scratch?
How do you encourage your customers to pay their overdue accounts?
If I have overpaid an account, and I have a credit , is it proper to ask “what is the balance in my account?” I think a credit amount is still considered a balance. A particular company said they would not send me my bill because I do not have a BALANCE. I still want my record. ?
How do you calculate debtors allowance?
What does it mean when your opening stock is less than the closing stock?
Does creditors allowance affect the income statement?
How does a payment on an account by a customer affect accounts receivable?
What is a general ledger?
Is sales tax a part of accounts payable ?
What is the formula for the liquid ratio?
What is a net income?
