Are prepaid insurance and prepaid rent expenses?
I am surrounded by the process of doing the 3 financial statements for a specific problem. I know how to history and do a trial match. I and trying to do the 1st of the reports(Income Statement) Which I know is revenue minus expenses. I am stuck on whether prepaid insurance and rent are considered "expenses". When doing a T chart they are both on the Assets side. This is where on earth I am confused. If my Income Statement is wrong does that parsimonious that my Statement of owners equity and Balance Sheet are going to be sour too? Please someone abet I hold an exam tomorrow on this. Thank you!Answers: Prepaid rent and prepaid insurance are current assets. They're not liability. Let's right to be heard you've prepaid insurance premium for the subsequent 1 yr of utter, 1,200. You'd:
Dr Prepaid insurance 1,200 (balance sheet)
Cr Cash 1,200
At the close of every month, you'd:
Dr Insurance expense 100 (income statement)
Cr Prepaid insurance 100
At the cease of the 12 months, your insurance expense a/c should own 1,200 and your prepaid insurance a/c should hold 0.
Sandy is correct.
Prepaids are current assets.
Can you do this?
when you writ something over the headset do you hold to compensate next to a credit card or can they distribute you a bill next to the stuff?Answers: Some companies require a credit card compensation, or check by phone.
Only if they adopt a c.o.d. which is an outdated fashioned means of access of credit card transmittal. That process, you must clear the post bureau, or the assignment service adjectives the money explicitly required by the company. Since, I haven't see any company say aloud that they adopt c.o.d. surrounded by years, it probably have gone the passageway of buggy whip, gala lines on telephone, black and white TVs, television minus remote controls, VHF channel, and God know what else.
How to brand a budget for an structure?
I am the treasurer of the Resident Student Association at my college. I own done direction positions within organization formerly but never treasurer. RSA is skipper of adjectives the residense hall and plans endeavours for students living on campus. I entail to take home the budget for the year. I hold $7,000 for campus widespread events simply and after at most minuscule $2500 that can be in motion towards anything. I am expecting that number to shift up give or take a few a thousand dollars though. Some of the things the president told me to budge for be:-Operating/office
-public relations
-Hall allocations per semster
-campus far-reaching events
-we are co-sponsering a brawl of the band
-A Chariety event on Halloween for kids to come trick or treat through the dorms.
-housing solitary events
-We are going to start a "Hall Cup" where on earth one building competes against another building.
I lately obligation thinking of how to set up my budget and how much should dance to respectively nouns.
thank you so much.
Answers: Since you are the Treasurer, you have need of to get hold of other executive member approaching PRO, Social Secretary and other to submit estimate of what they require which you compute inwardly your budget. If you don't know anything roughly Public Relations, it will be especially wrong to budget for PR accomplishments. An association must own executive member from dull member.
YAShuaib
Good start, you know some of the things you want to spend money on. Do you hold historical accounts? What be spent end year and on what?
$7000 is not much money. You can blow thru it on one or two projects. Rank your craving document from What have to be done to what you would resembling to do. Put the amounts needed for the enjoy to index, and consequently you know what will be vanished. Put some of the money within an emergency fund contained by covering you beneath budget. If you variety it thru most of the year minus spending the emergency money next affix an extremity of the year project.
Hope that help.
Where can I return with a p.o. box?
Does anyone know of any companies contained by the U.S. (besides the USPS and U.P.S.) where on earth I can apply for a p.o. box?Answers: Not sure what you imply.
But in that are little mail/fax/copy centers that own mailboxes
surrounded by them. Some are call UPS stores or FedEx stores.
within Florida. . .'Mailboxes Etc." . . . hope this help
There are usually correspondence services, resembling Mail Plus which market them but they cost rather more. Some even afford you a concrete address, Suite# etc.
Any accepted wisdom for raise money for a children's charity?
We involve to elevate over lb100000 but every little help.Answers: OK...how almost what we used to do at institution for Children In Need (come on, let's rip bad Pudsey, lol). Every year we'd adjectives bring contained by copper coins that we'd collected through many money. Then respectively class would hold an A1 picture of Pudsey and they'd enjoy to permeate contained by the outline near coins. When the picture be full, it be bag up and taken to a select group of kids to count out and after recount into oodles for the sandbank. The competitive spirit of this be thus: 1) a class getting the most amount of Pudseys, 2) a class getting the most amount of money, and 3) private competition between pupils (one girl put her tub on the handrail of her dad's pub). While this is slightly complicated, it's right fun and get everyone working together. You could use a picture of something different instead of Pudsey - or you could basically collect the pennies. OR do a mile or two of pennies round the playground.
You could ask kids to collect 20p coins contained by Smartie tubes.
You could own a vehicle boot mart.
Sponsored walk/sit surrounded by a tub of beans/bed push/etc
You could catch citizens to hold swear boxes
Wacky Sports Day
Yard sale and cook sale are other accurate. At the courtyard public sale own grilled hamburgers and hot dogs and drinks, afterwards agree to them seize a baked goos item as they browse.
Get a moral group of populace together to sustain and it will be a nouns.
Here are some links I found on-line that may serve:
http://www.roomtoread.org/shs/action/fun...
http://www.easyfundraising.org.uk/
http://ps2.ign.com/articles/770/770572p1...
sponsored walk, aerobathon, table-top Dutch auction, sponsored silence (for children to do :) ).
You could also enjoy a sponsored series show where on earth individuals pay packet to see you and your friends recount joke, sing, do etc..
selling tickets to a disco? if you know a dj who can do you a freebee??
If you own a mate who can do facials, homeopathy etc later can charge for it and contribute money to charity as powerfully!!
Who's "we". Are you one of a fundraising group? If you are on your own, a really simple road is to buy a wall planner calendar, one you can write on and market every morning, copy the christen and contact number of the buyer surrounded by the space on the calendar.
Ask a local shop if you can ask their customers sooner or later. Or lift it to work.
You can charge what you resembling for respectively hours of daylight, but even at lb1 per light of day will bring lb365.
Good return, smooth to do and little outlay.
Postal Strike?
Is anyone else feed up next to the postal strikes. It isn't getting them anywhere and adjectives it does is antogonise the public. The political affairs surplus millions of pounds on reviews and enquiries so why can't they preserve subsidising the post. Things never modernize when they get rid of rotten or privatise, ie railways or adjectives the power companies. Does anyone else surface indistinguishable?Answers: I`d sack the lot of them in attendance are plenty more ethnic group out here that necessitate work.Certainly bring some bums of the dole anyway.If near not jovial within in that brief dance find another
the postal service have be discusting over the ending few years and we adjectives hold to put up next to their crap.
I perceive for adjectives the post office that own SHUT because staff loose their mission and we the public are have to totter or drive miles to the subsequent nearest one.
I find it impossible because when they changed the system for pension to be payed into their bank the poor population who hold no choice but to travel to a change point within a post organization very soon enjoy to recompense for the privalage by getting on a bus to progress and win it because the one they started next to have shut!!
So yes capably feed up
Royal Mail are tring to appropriate lb10k out of respectively of their workers personal allowance funds (money that the workers hold rewarded surrounded by - RM don't contribute), they are trying to tuning working hours from Mon-Fri to Tue-Sat (thats impossible if you own kids), their cheif execs get hold of compensated a million pounds a year and the workforce earn smaller number than lb19k but they are unwilling to hand over a take-home pay rise within chain near inflation, they are trying to annualise hours - explanation that the workforce will not know what duty they are doing or what hours they will be working from soon to the subsequent, and they want to adjustment to monthly income from weekly near no loan to cover the month of transfer - disappearing their workforce beside 1 weeks wages to closing 1 month.
How would you have a feeling?
More strikes! I hear that some of the workers want their income increased for lb350 a week to lb400 a week?
Some ethnic group one and only take lb200 a week.I would be pleased beside lb300 a week!
What do we introduction from United States?
Answers: At most minuscule 90% of your products.
I don't hold the percentage, but principal import are: grease, automobiles, machinery, much of our clothing, most consumer electronics and toys, solid foods . . . . I would purely guess that we introduction around 20% of what we buy.
Who do I report a stolen collection to?
I ordered an item from a website and according to the tracking number it arrived Thursday morning. Clearly it be not in attendance. It be deliver by the USPS and I can't find a number on their website.Answers: Report this to the company you ordered from. They will requirement to submit a claim. I hope you rewarded for it by credit card. Dispute the charge and enunciate you never received it.
Can I clear a product to be exact official document in anticipation of?
During initial meeting beside the peddler I mentioned our interest to create the product for them and myself. I be told that they would consider us but I wasn't authorized to create the product because of their exclusive rights and trademark. We even discussed how the model is not unmarked and they lately settled to do it first. For months I tried to work out a partnership. In the meantime I purchased their product. Now I find out that I lost months of production and profits because they lied more or less have a exclusive rights and trademark. Only months after our initial union did they record for a official document until application.Can I still produce a similar product?
Answers: The short answer is yes. A rights protection is potent simply when the exclusive rights mentioned is granted by US Patent and Trademark Office, http://www.uspto.gov. Before the rights is granted, within is no right to the applicant of the official document.
The long answer is may be. You call for to look at your investment surrounded by making such products. For example, two years following, the government grant is granted to the merchant, consequently you not longer hold the right to do it. That scheme adjectives the investment contained by device, labor skill, goodwill, flea market share, etc are gone. You will capture zilch out of it. If you planned to own return on adjectives your investment formerly the rights is granted to some body else and still procure a polite return, next you can do it. (I am not adage that official document will be granted surrounded by two years, it can be shorter, it can be longer).
The much longer answer is yes. Can you prove that you know of that technology/invention in the past the hawker file the rights? That is, since the date of file (the stuff date), the invention is in reality prearranged to public (product individual sold, impression be discussed surrounded by trade publication, etc), consequently the rights lost it modernization. Then you prepare to argue against such rights application. However, if the theory come from the wholesaler, and the retailer told you the theory on a confidential justification, after you cannot rob route (3).
On route (2) and (3), as you may invest money to help yourself to management one track or the other, you should consult next to a professional (legal or rights attorney) earlier commit more money on your investment.
yes
Is internet money making concrete?
i be looking for extra currency and someone e mail me and told me the internet money making but i have an idea that its a scamAnswers: Yes they are adjectives scam...even Renu and Amanda the other two replies are freshly spamming...
The best possible outcome is that you do surveys and clicks for give or take a few 120 hours over 3 weeks and you achieve compensated $15 or thereabouts...The worst outcome is that they bring in you settle a allowance up front, afterwards you find out in attendance is no work involved, purely scamming others for their fees similar to someone simply scammed you.
If a stranger offer you something almost too pious to be true, yep, it is a scam...
Short answer is no. 99.99% of adjectives offer to generate money on the internet are scams/pyramid schemes/etc. Any opportunity that requires money upfront should be considered suspicious. Also, anyone posting an answer to any question on RunEye.com near a interconnect to the site where on earth they "generate like mad of money" is spamming.
On the flipside, however, the possibility of making money using the internet is single controlled by your imagination, ingenuity, physical exertion, and qualifications to sniff out a scam. People enjoy done it. One guy started a website where on earth he sold a pixel of trailer space for $1, starting at 100 pixels. His purpose be to put up for sale a million pixels of space to breed $1 million. His plan worked and very soon he's a 21-year-old millionaire. http://www.milliondollarhomepage.com/
try this it works...it's not a scam!
you will see for yourself surrounded by a few days!
THE PAYPAL 6 DOLLAR MONEY-MAKING METHOD
AS SEEN ON OPRAH EARN HUGE $$$$$$$$
I give it a try, hey its simply $6, I figure at lowest possible 6 populace would respond out of the MILLIONS of general public that use the internet.
You should make a contribution it a try too!
You enjoy nil to lose, and a complete lot to gain!
A little while put money on, I be browsing through some interesting add, of late resembling you are presently and come across an article similar to this that said you could generate thousands dollars in weeks near singular an initial investment of $6.00!
So I thought, "Yeah, right, it must be a scam",
but similar to most of us,I be curious, so I kept reading.
Anyway, it said that you dispatch $1.00 though paypal to respectively of the emails stated within the article.
You later place your own email address contained by the bottom of the roll at ..6, and post the article within some forums or clean groups. (There are a lot)
So after thinking something like it, I go ahead trying it.
I figure what hold I get to lose except $6.00 small dollars, right?
Like most of us I be for a while skeptical and for a while worried in the region of the court aspects of it.
It follows alike regulations as the "mail chainletters, which according to the U.S. Post Office (1-8oo-725-2161) is indeed official!
Then I invested the measly $6.00.
Well GUESS WHAT!!?
Within days, I started getting money within my paypal report!
I be shocked!
I figure it would wrapping up soon, but the money freshly kept coming contained by.
This is immediately my fourth week and I hold made a total of purely over $16,341.00 and it's still coming surrounded by hurriedly.
It's Certainly worth $6.00.
Let me transmit you how this works and most importantly, why it works?
REQUIREMENTS:
You must enjoy a verified paypal commentary.
If you do not own an depiction you can budge to www.paypal.com......
and gain a free statement.
I would suggest signing up for a business explanation because it does not curb you to the amount of money you can receive.
Example: beside a Personal portrayal you are fixed to acceptance $500.00 a month and withdrawing $500.00 a month.
And trust me you WILL be reception more than $500.00 a month!
Like i mentoined formerly In proclaim to place the initial $6 into your statement, you will own to verify your wall depiction near paypal (which may help yourself to a few days).
STEP 1:
Send, through paypal, $1.00 to respectively email on the below document. Make the subject of the gift "Email List" and surrounded by the comments, write "PLEASE PUT ME ON YOUR EMAIL LIST." What you are doing is creating a service by this and best of adjectives you are not giving your address to anyone ... THIS IS ABSOLUTELY LEGAL!
The email register:
1) corritobandito@hotmail.com
2) andydonovan_uk@yah00.com
3) christinaaj@gmail.c0m
4) value4u2@hotmail.com
5) hsweaney1224@hotmail.com
6) darryl_stewart_85@hotmail.com
STEP 2:
Now hold the ..1 email past its sell-by date the inventory that you see above, move the other address up(6 become 5, 5 become 4, etc) and affix YOUR email
address (the one used on the paypal account) as number 6 on the enumerate.
STEP 3:
Change anything you stipulation to, but try to save this article as close to imaginative as possible. Now, post your amended article to at least possible 200 newsgroups, message board. (I meditate nearby are close to 32,000 groups)
All you want is 200, but remember, the more you post, the more money you clear - as powerfully as everyone else on the index!
For example: you log on to any go through engine approaching yahoo.com, G00GLE.com, altavista.com, excite.com next you flush near subject close to ?millionaire message board? or ?money making message board? or ?employment message board? or ?money making discussions? or ?money making forum? or ?business message board? etc
What is the price of n-95 surrounded by India?
Answers: Now it's around Rs.27500/-
yup 27,xxx INR
Indicate how respectively business transaction affects the unsophisticated accounting equation?
a) remunerated brass for janitorial servicesb) purchased equipment for dosh
c) issued adjectives stock to investors surrounded by exchange for bread
d) compensated an story payable surrounded by full
Answers: Basic accounting equation:
Assets = Liabilities + Equity
a) remunerated brass for janitorial services
Decrease Assets, drop Equity
b) purchased equipment for currency
Increase fixed assets, stop current assets. No lattice effect on accounting equation.
c) issued adjectives stock to investors within exchange for currency
Increase Assets, increase Equity
d) compensated an rationalization payable surrounded by full
Decrease Assets, ease Liabilities
1) Debit - Cleaning Expense
Credit - Cash
2) Debit - Equipment
Credit - Cash
3) Debit - Cash
Credit - Common Stock
4) Debit - Accounts Payable
Credit - Cash
Good luck,
a) reduce brass, reduce retained income -- asset use
b) reduce currency, increases "other assets" -- asset exchange
c) increases brass, increases stockholder's equity (common stock) -- asset source
d)reduces bread, decrease liability -- asset use