What is an asset account found on the balance sheet, not accum depr or res for bad debt. what entries hit it?
Answers: Many
Accounts receivable
Sales made on credit
dr. accounts rec
cr. sales
Payment received
dr. cash
cr. accounts receivable
EVERY asset account appears on the balance sheet. Examples in include Cash, Buildings, Inventory, Accounts Receivable, etc.
Who actually lives off the money they earn from their job?
Answers: i do not know right now i do not have to pay rent or food i can't even imagine having to pay all that at this litte income i make
I do, and my fiancee does (she earns about half of what I do).
No investments, alimony, or interest income for us.
I do but I know a lot of people that can't, so I think you have a pretty good point.
Need £3000 quick any body help?
Answers: me too
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