Accounting Question! adjust entries! please comfort me near the entries of this ask?
some related items given: (no date given but i'm assuming these are as at dec31, 2008 as requested by the question below)Interest Expense $13,500
Notes Payable $30,000
Rent Revenue $21,600
Prepaid Rent $78,000
Salaries Expense $150,000
1. On April 15, 2006, The Company borrowed $15,000 from a Bank. The 3-year document was issued position interest at 6.5%. Interest was to be remunerated each quarterly starting June 30th, 2006.
2.Rent be paid to the tenant on January 1, 2007 in the amount of $39,000. Steve pays $3,000 a month for renting the section.
3.December 31, 2007 is a Wednesday and employees are rewarded on Fridays. the Company has 3 force, who are paid $1,000 respectively for a 5-day workweek.
4.On January 1, 2007, the Company rented part of the organization to Mr.Tenant for $10,800. The lease contract entitles Mr. Tenant to rent the space until June 30, 2008.
Required:
Prepare the necessary correcting and adjust entries as at December 31, 2008.
is the last one no entry
Answers: Would you similar to to recheck your dates? Those transactions dated Jan 1, 2007 and Dec 31, 2007 surrounded by questions 2 and 3 surely hold nothing to do near adjusting entries on Dec 31, 2008!
Have you ever or do you know something give or take a few buying wholesale and reselling?
I am interested in study about buying items wholesale and reselling. I prefer lofty quality items that are authentic (of course that technique no replicas) and that are popular so I know that they can resell. I would appreciate any information on this if you have done it or if you know any one close to you that you have. Any information or ideas including if it is a well-mannered idea surrounded by your opinion would support, and any wholesale marketers you know of that are reputable would really help me. Thank you!Answers: Instead of have to pay for items first, next trying to re-sell them for a profit, you should try drop shipping.
That means that you work next to a Wholesale Company where you can account items for sale on a site close to Ebay without have to buy the item first.
Once the item sells and the buyer pays you, you consequently pay the drop shipper to ship the item to the customer for you.
That opening you make money next to very little risk because you did not buy anything until the item sold.
There is a Wholesale Drop shipper that some Ebay seller use. Here is the link:
http://www.dropship-business.com/index.h...
You can check next to them
When is bring your child to work sunshine for Detroit, Michigan?
Auburn Hills to be exact.Answers: I have not hear of those in a few years. You would own to contact your HR department to see what their policy is.