General Business Questions and Answers

How do I produce my Balance sheet match!?

When I opened my business everything balance okay, for a while. I entered the entire amount of my owner's equity that I invested into the business within the bank statement, and at that time everything was contained by balance.

However, after I withdraw funds to pay business expenses, the set off sheet no longer balances. The amount of the difference is alike as the expenses so I know that is where on earth the trouble is.

My equity account still list the total that I invested into the business, and the bank details is up to date, and includes the expensed items. But of course the assets are lower than the equity (I should incorporate, I have no liability.)

How do I adjust this so that the assets still equal equity?

Thanks!


Answers: Assets = liabilities + owners equity

You salaried cash for something. Your expense is over next to O.E. and Cash is with assets. Debit the expense, credit the brass. It causes the match to equal out.

Sounds like you haven't set up your Expenses.
I would suggest taking Accounting I and it will inculcate you what you need to know.

Also you may enjoy cash travel down on the asset side while some other item such as supplies goes up on the asset side.

How can i buy laptop on eBay?

How can i buy laptop on eBay if i live in Ukraine?
How much money can i put aside with buying it on eBay,or another internet auction, suggestion please what another auctions are good to buy on.
How to deliver it surrounded by Ukrain,how much time and money it will cost?
Tnk u!


Answers: Although you might find a laptop on eBay that is justifiable in price, you will run into a few difficulties:

1. The street trader will likely linger until your payment have cleared before shipping to you. Many will not thieve credit cards from Eastern Europe because of the high amount of credit card fraud and chargebacks in attendance.

2. The shipping will be relatively expensive to Ukraine.

3. You will be liable for customs duties on the laptop, and will have to foot that fee when you pick up your laptop at customs. Usually the customs fees on items close to computers (to individuals) is 21% or more of the "determined value" in Ukraine.

The cost of comparable laptops contained by Ukrainian computer stores is not that much more than you will buy it for on eBay, if you look around.
Just look at the computer stores on ebay (there are stores aswell as just common people approaching you and I) selling there products.

Do a flush and see which ones deliver worldwide. Also take into consideration where you buy it from your power connections to your wall outlet are different in different place. Look at the Ukraine Ebay site or the one closest to you.

I live contained by romania.can i deposit a check from usa's citibank contained by a romanian mound report of no affiliation?

banking


Answers: Usually bancpost will do this for you slightly easilly but sounds like you ain't bank with them..hehe.
The process works close to this: you go to the sandbank and ask the nice lady(who hopefully is not eating) to deposit an American check.
They will create a special account for the check and ship it stale by express mail to the states to own it collected. The whole process take 4-6 weeks.
The fees you will pay: Account first fee, mail fee, processing allowance, account closing levy, cash debt fee(like 0.8%).
I have not done this one-sidedly but I have some friends who did this. I also tried bank in Romania and it's horribly expensive but that's how I know the fees and stuff. Hope it help.
I would say yes, but you can expect a restrained amount of time for the check to clear. I'm not sure how romanian banking works but that's how it works within the states.

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