I started a business with $5,000 with my own capital. What would be the journal entry to record the .... ... read on

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• 50 votes
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Using the accrual method of accounting, how do you record the following: The property and liability insurance bill (total of .... ... read on

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• 8 votes
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I traded in a business vehicle that I owed more than was given as a trade. The book value .... ... read on

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• 19 votes
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If I buy a foreclosure that cost 1,000,000 but the FMV is 1,500,000 then what is the journal entry to .... ... read on

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• 1 votes
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The company requested an employee stay at a hotel for several days, to be closer to work. The company .... ... read on

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• 3 votes
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If I were to prepare a journal entry to record a transaction that involved a corporation purchasing photographic supplies during .... ... read on

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• 10 votes
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How do you account for a private investors loan to your company? ... read on

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If a client "donates" a service to a charity, how is that posted? Example: A carwash company gives .... ... read on

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• 11 votes
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I overstated my depreciation expense for 2008 by $30,000. How do I post a journal entry to correct it .... ... read on

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• 31 votes
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I deposited personal funds to a business bank account for start up capital. Can I take that money out .... ... read on

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• 2 votes
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