JOURNAL ENTRIES
A taxpayer entered into a lease purchase agreement (as the lessor) for her rental house with her renter in 2014. .... ... read on
- Answered by The BIDaWIZ Team
I took money out of my 401(K) to purchase a new home. I received my 1099-R. Do I have to .... ... read on
- Answered by The BIDaWIZ Team
I have a client who has a 401a plan (through TIAA CREF) from an employer he recently left. He was .... ... read on
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How do we correctly book a contract sale for photovoltaic panels, that we take a deposit of 35%, another 35% .... ... read on
- Answered by The BIDaWIZ Team
I am a partner in a LLC. I use the company gas card for my gas which is not considered .... ... read on
- Answered by The BIDaWIZ Team
Our company made a down payment on inventory. The manufacturer will ship the order within 30 to 60 days .... ... read on
- Answered by The BIDaWIZ Team
How do I account for barter transactions? My company is providing a service to another company. That company is .... ... read on
- Answered by The BIDaWIZ Team
Our business is wholesale. We sell cell phones. We give free merchandise to our best performing customers as a bonus. .... ... read on
- Answered by The BIDaWIZ Team
A vendor offers to take a share of a company in lieu of taking payment for outstanding invoices. How would .... ... read on
- Answered by The BIDaWIZ Team
Our company sold inventory after our books and records were finalized for the year. What are the proper journal .... ... read on
- Answered by The BIDaWIZ Team