Accounting - I really necessitate back - due today and I am lost!?
equiptment $15,500supplies 500
Note payable 5,000
rent expense 800
cash 2,000
Service revenue $12,000
accounts receivable 6,000
accounts payable 3,500
property ?
salary expense 2,000
* Can you engineer a chart for me to understand - a set off sheet
Answers: Most of the following is from the source below.
Current Assets
Current assets have a natural life span of one year or less, aim they can be converted easily into lolly. Such assets classes are: cash and currency equivalents, accounts receivable and inventory.
Companies often provide products or services to customers on credit, which then are held contained by this account until they are rewarded off by the clients.
Non current assets can refer to perceptible assets such as machinery, computers, buildings and land.
Long-term liability are debts and other non-debt financial obligations, which are due after a time of year of at least one year from the date of the stability sheet.
Current liabilities are the company’s liability which will come due, or must be paid, inwardly one year. This is comprised of both shorter term borrowings, such as accounts payables, along next to the current portion of longer term borrowing, such as the hottest interest payment on a 10-year loan.
Expenses do not appears surrounded by a balance unless they represent something you prepaid for but enjoy not recieved (current asset) or some you recieved but have not rewarded for.(current lib.) Other expenses would be in the income statement.
Current Assets:
lolly 2,000
accounts receivable 6,000
rent expense 800 (assume this is prepaid rent)
supplies 500 (inventory?)
Service revenue $12,000 (I assumng service provided which company has not recieved payment)
Non current Assets:
equipment $15,500 (machinery)
Current Liabilities:
accounts payable 3,500
pay expense 2,000 (assume earned but take-home pay not paid yet)
Long Term Liabilities:
Note payable 5,000 (this is a Long occupancy if note is longer than 1 year otherwise it a current liability.)
Share holders
Capital = assets- other liability (above)
May i know how to bring more money through web?
some more tricksAnswers: PA,
Start your own website!
While there IS money to be made from home, typing or surveys are not the best track to go.
The best instrument to go is to start your own business!
When I right to be heard that, I mean nearby are really a number of ways to engender money online.
Here are just a few of them:
1. Make a website or blog on a topic that you know around.
Then, you sign up to a.d.s.e.n.s.e and other PPC content sharers, and you make money when relations click on your links.
2. Sell an actual product
You can still make money by selling media hype space, but this way, you form money by selling a product.
3. Sell a digital downloadable product.
Like an eBook or some other type of digital product. This way, you don't enjoy to deal near postage or anything like that. It's similar to an online vending machine!
It's really smooth to set up websites like these. In certainty, you can buy a website on eBay for very fundamentally little time or money, and start making money within a week or two of marketing your website!
Anyways, I hope this post help you to see other avenues of making money online...
-Andy
How about you only go procure a job ya apathetic bum!
How can I put on a pedestal $4000?
I am tryinig to raise $4500 to budge to Europe this summer withmy high institution choir. I don't have rich parents. And even if i get a part-time duty, i would only know how to save give or take a few $600 or $700. So I need some chief help. How do i raise/get $4000 more that I involve to go to Europe?Answers: Well I made $8,000 playing poker ultimate month but it's not for everybody.
I recently made a blog on how teens and adults can earn money online using a really appropriate site which is 100 percent legal and really works. (You Only hold to be 13 to sign up!)
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Hope I help =]
Good Luck!
Do a raffle for a really good prize. For example: Sell raffle tickets for 5 bucks respectively, to win a Wii System. Post ads, flyers near your email, so they respond to that, and you get their email address (thats explained later). Place the flyers surrounded by your neighborhood mailboxes, school, work (at your parents job) local resturants, grocery store, city library...etc. You can even set up a table a couple Saturdays within front of a Wal-mart, and see how that goes.
You enjoy to give a brief story why you're raise the money, so thats up to you to write. Here's my advertising and selling segment of me coming out, cause I want you to be capable of go, so I'll present you some good tips...
When chitchat to people and you individual have a 3-5 second fanlight to "catch them" and explain something (your reason), it have to be said passionatley (like you really want it)...for example, you would say; "My first name is___. I want to become a professional singer, and to continue to embezzle voice lessons to pursue my dream. I'm doing a raffle drawing for a __(prize)__, and would love your support.
Now the allure of it... is that you don't have to buy the system upfront, lately advertise it, and when you enjoy enough money to buy the Wii (from citizens buying raffle tickets) go out and buy it, and individual if your projections look good that you will come upon your goal, don't forget to lay it on thick when the raffle will be drawn, and do it for about a month, and when the deadline get closer, extend it a couple more days to get those ending few people, afterwards do the drawing and pick the winner.
Best results is to attain an email list too, explanation then you can transport weekly reminders for people to "purchase your raffle tickets."
My work put on a raffle for a PS3 (retail cost roughly $400) for Christmas, and they raised over $10,000.
This be their price chart:
1 ticket = $5
4 tickets = $10
10 tickets = $20
It adds up fast, if you can get the word out and general public buying your raffle tickets, and maybe you can own smaller prizes so people enjoy more chances of triumphant things.
Good luck, hope this works, and gives you some hope of going to Europe!