General Business Questions and Answers

Were border call a substantial apology the market slid?

Every day we read the U.S. cutback is falling into a recession triggering a sell-off in stock and futures market. With such a drastic downturn in the market nobody had mentioned the possibility of border calls triggering flea market tremors. What are your thoughts?


Answers: The market didnt dance down that much for margin call. Maybe if some penny stocks crashed a few may have have margin call. But a stock has to drop 50 percent surrounded by value up to that time one gets a msrgin bid. It was only the normal fluctuations of the flea market.

Indicate beside a yes or no whether or not the following accounts customarily requires (details below)?

an adjusted entry? salary payable, land, dana cates drawing, accumilated depreciation, unearned rent, supplies

gratefulness


Answers: indicate with a yes or no whether or not the following accounts NORMALLY requires an in the swing of things entry

salaries payable, Yes
stop, No
dana cates drawing, No
accumilated depreciation, Yes
unearned rent, Yes
supplies Yes
Yes, it's normal for small bussiness.

I own a Lease purchase agreement on a piece of equipment. Can I break the Lease?

And if I do break the lease, can they sue me, or auction my home? My home is joint ownership, does that form a differnce?
They equipment is valued at $73,000.00

Any help would be great.


Answers: yes you can, but you would enjoy to pay a buyout charge. it's sort of like the money they charge you to go and get out of a contract for cellphones.

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