Accounting Question: how do you transcription this within a monthly entry?
The company determined that accounts recievable in the amount of $6500 will probably not be collected. The allowance for uncollectible accounts have a credit balance of $2000 in the past any adjustments.Answers: The harmonize in your allowance for uncollectible accounts already is $2,000. You want it to realize $6,500. You need to ratify the following JE:
Dr Uncollectible accounts expense $4,500
Cr Allowance for uncollectible a/cs $4,500
Uncollectible accounts R-..... 6500
Account recivable A- .........6500
Total uncollectible accounts 8500
R- negative result
a- smaller number active
I do I diary uncollectible on the F/S?
Hi: If anyone have ever received a forfeit from the parliament bar rearing grant, please relief me!?
I need grant for personal use and for starting up a business.Answers: The government is NOT surrounded by the business of giving away free money for the sake of giving away money. There are no grants for paying bills, no grant for paying off credit cards, no grant for getting out of debt and no grants for simply fattening your wallet.
Grants are free, but it technique OBLIGATION. You will be obligated to do as the grant sets out to do. Grants own objectives, and your purpose must fit the objective of the forfeit.
For one, you have to write the allow application and the grant application is not a simple document - you hold to explain how your purpose for applying for the grant fits powerfully with the objectives set out by the admit.
There is a stringent review process through a committee. You will compete with other applicants for the allow money, and this grant review committee will evaluate the merits of respectively proposal. Only those that they feel exemplifies the ambition of the grant will be approved.
It is not easy to find grants to start a business. Unlike the myths that some see, federal government and even private foundations just about give allow money for starting a for-profit business.
One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/... , which fund the research and nouns of technological innovation that meet specific government requirements.
Your best bet actually will be from the states if they proffer grant programs for women (or any other special interest groups -- minorities, women, disabled, veterans, etc). Or check beside non profit organizations, outstandingly women organizations if they submission grants. Examples include
Iowa Women's Foundation http://www.iawf.org/
New Mexico Women's Foundation http://www.nmwf.org/guidelines.html
Even SBA does NOT contribute out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CO...
"The U.S. Small Business Administration does not set aside grants to start or expand small businesses, although it does proffer a wide multiplicity of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some admit programs, these are generally designed to expand and enhance organization that provide small business management, logical, or financial assistance. These grants commonly support non-profit organizations, intermediary lend institutions, and state and local governments."
Nonetheless, you can progress to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grant.gov - these are two sites created by the federal government to provide transparency and information on grant. Browse through the listings and see if you can find any grant that would support a for-profit scheme.
Here is a listing of federal grant for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.
http://12.46.245.173/pls/portal30/CATALO...
Most of the federal grant are given to specific target groups with specific requirements (e.g. minority business owners involved within transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program
Grants are also recurrently given to non profit groups or organizations involved surrounded by training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs
You can stir to http://www.grant.gov for a list of rule grants, but you will find that within are no grants for a for profit business unless you are gap a daycare and then it is a minimal amount. If you entail money, you will need to apply for a loan. No lender will tell to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for indication business plans and instructions on how to write a business plan.
Then, go to http://www.score.org/ and contained by the upper left mitt corner, enter your zip code. On the subsequent screen, you will bring back information on the nearest SCORE chapter. Call them and arrange for a free meeting near a SCORE counselor to review your business plan and discuss various loan option available to you.
SCORE is a nonprofit association dedicated to entrepreneur childhood and the formation, growth and success of small business state. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
SCORE have 389 chapters surrounded by locations throughout the United States and its territories, near 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
Does the following from Greenspan own to possibility of cause a sell-off tomorrow?
Greenspan warns U.S. reduction on "on the edge" of recessionGreenspan says "long approach to go" before credit issues bottom
From marketwatch.com
Answers: Could Alan Greenspan be "on the edge" of senility - any discount is made of Individual's and NOT based no
aggregate info as designed by the Capitalist meta-system.
Most of what Alan Greenspan said at last week's conference within his honor made very devout sense. But his words of wisdom come too tardy. He's like a man who suggests going away the barn door ajar, and then - after the horse is gone - deliver a lecture on the stress of keeping your animals properly locked up.