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Journal entry for credit sales?
Buyer a/c dr. To Sales a/c. The GAAP shows such an entry as: Account Receivable (debit) $$$ Sales (Revenue) (credit) $$$ This is based on Double-Entry Accounting as standardized by the GAAP. For example, say you sold a computer to a customer on credit for $1500, the journal entry would read AR (debit) $1500 Revenue (credit) $1500 Some companies use the term Sales, Revenue, and even Income. Which generally refer to the same thing.
How important are cash receipts?
Cash receipts are very important, especially in accounting, but also in everyday life. When paying cash for an item (of any magnitude) the receipt is the only proof you have that said purchase or payment was made. Let's use a personal example of a purchase. Say you go to your local electronic store and purchase a television or other large electronic device and you pay cash for it. The cash receipt is your "proof of purchase". That proof of purchase is needed in order for warranty, returns, etc. A business is much the same, say you (as a company) pays for an invoice using cash and you are given a cash receipt. Now let's say later in the month the vendor who bills you for the previous purchase makes an error in their books and re-bills you for the purchase, the cash receipt you received upon payment is proof that the bill was paid, without the receipt a long and sometimes not so pleasant battle over whether or not the amount was paid may ensue. So a cash receipt, especially on purchases that may have warrant, or be questioned in any way, are very important.
How do you make mathletics?
Well first you ask your Mum and Dad if you are allowed a mathletics account and if they say yes they have to purchase an accout. First they gon the mathletics website and on the top you can see sign in, about and you will se purchase. you need to click the button purchase and your parents will need to fill out a form on the computer. To get mathletics you have to pay. When your parents have filled everything in you will get given a password and username emailed to you and then you can play mathletics
What is an unearned royalty and why is it a liability?
In GAAP, I have never heard of the term Unearned Royalty, however, the "unearned" is pretty much the same in all accounting.The reason anything "unearned" is considered a liability is because you (as the company) owes something in return. If a customer pays for you to say paint their house and they pay you "before" you paint the house, 1. you either have to paint the house or 2. return their money if unable to complete the task. This makes it a liability to you until "after" you have completed the job (service) or supplied the product.It's just the opposite if you say paint their house "before" they pay you, then they owe "YOU" and therefore it is listed in the books as a "Receivable" and is listed as an Asset.
Accounting entry for purchase of generator?
A generator for your business will be listed in PP&E, property, plant, and equipment? For example if you purchase a generator for let's say $2,000 and you pay with cash, the entry will be:PP&E - Generator (debit) $2,000Cash (credit) $2,000The only other difference would be if you purchased the item on account, changing the Cash account to an Account Payable.
Which President got the biggest bargain in history?
I think one would say Thomas Jefferson who negotiated the Louisiana Purchase from France.
How do you say to bargain in Spanish?
regatear
What does the goat and frog say on the trading post ad?
"bargain, reckon!"
How do you say to spot a good bargain in french?
à repérer une bonne aubaine
How do you say options in German?
Options in German translates as:MöglichkeitenorOptionen
How do you say options in french?
'option' (fem.)
How can you appeal a plea bargain I signed a plea bargain but now I have changed my mind and I don't wont to take the plea anymore. I would like to know what my options are.?
depends on the state. and whether or not the judge has signed off on it yet, generally before judge signs it you can say you don't want to take your plea and you want the right to a trial. It will also depend on the circumstances inducing you to take a plea. In any case you should definitely contact a lawyer. states vary on the ability to withdraw pleas.
How do you say options in Russian?
The word "options" in Russian is "варианты" (varianthy).
What does the Brazilian flag say in English?
Options and progress.
Do lawyers get to pick how long a person has to stay in prison?
Lawyers to have no say in the sentencing. They may negotiate the time frame if working on a plea bargain.
Is buying a 69 gto judge automatic for 48'000 a good investment?
So much depends on condition , options and originality Normally it would be a difficult question to answer. If you need to ask here I would say you are not ready to make this purchase.
How do you pronounce purchase?
You say it "purr-chus".
