This is called an indirect tax because the fee is not paid on the new purchase but has the same effect as if it were.
If paid in cash use the following accounts: A debit to Audit Fee Expense A credit to Cash If the fee is going to be paid at a later date use the following accounts: Debit to Audit fee expense Credit to Audit fee payable Once the fee is paid then we use the following accounts Debit to Audit fee payable Credit to Cash a/c
if software is purchased and price is paid at once and used for many years then it is fixed asset but if you purchase a software and after that every year you need to renew the license of using that software then this lisence cost is current asset and price paid for purchasing software is fixed asset. For Example: software purchased for $1000 and lisence renew fee for every year is $100 then $1000 is fixed asset and $100 is current asset or revenue asset.
The decedent's debts, the costs of administration and the executor's fee must be paid by the estate prior to the distribution of any assets.
Yes, you can do that by adding the fee in your selling price. Therefore your cost is covered every time you make a sale whether paid by cash or credit card.
Indirect Tax
This is called an indirect tax because the fee is not paid on the new purchase but has the same effect as if it were.
This is called an indirect tax because the fee is not paid on the new purchase but has the same effect as if it were.
Because they are throwing away your old tires for you.
Yes you will. If there is some state fee that has to be paid for the disposal of the oil, you will still in fact have to pay for that.
In the state of New York, a $2.50 charge is added to the price of each new tire to cover the cost of disposing of the old tires. The law requiring the fee is due to expire at the end of 2010. Many legislators support the extension of the fee, which has been used to clean up about 80% of 34 million spent tires that had been piling up in dump sites throughout the state. NY generates millions of used tires annually. The disposal fee for old tires in NY typically can range from $0.50 to $2.00 per tire, depending on the repair shop.
Laws regarding disposal of used tires vary by location, but generally, it is illegal to dump tires in landfills or dispose of them in a way that harms the environment. Many areas require proper recycling or disposal of tires through designated facilities or programs to prevent pollution and encourage reuse. Violating these laws can result in fines or penalties.
“Why do we have to paid a fee for this information?”
a fee paid is a ---> toll
walmart $5 a tire Another Answer That depends on where you purchased the tires. Many places include free lifetime tire balance when you purchase tires from them. Other places will soak you for quite a large fee for mount and balance when you either purchase the tires or have them changed. Caveat Emptor
they get paid from the membership fee, though if you are not a member, the fee of the rent
free