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can any bills/expences - hospital-funeral-livingcenters come back on the Guardin to have to pay.
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∙ 10y ago
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Why are preliminary expenses considered as current assets?
because we get the benifit of such expenses in future
Is Prepaid expenses considered a nominal account?
Yes, prepaid expenses should be a nominal account. Prepaid expenses are not assigned to a particular organization, but rather a category.
What are preliminary expenses?
Preliminary expenses are any cost incurred when starting a company. The cost of the location, hiring employees, and fees for an attorney are considered preliminary expenses.
Are prepaid expenses considered an asset?
Yes.
Is rent considered a SGA expense?
SG&A expenses are sales, general, and administrative expenses. They are company overhead costs that include recurring expenses like rent, office supplies, and salaries.
What products would be considered as sundries expenses?
pokemon
Are nursing home expenses deductible?
Yes, nursing home expenses are considered to be tax deductible. However, the person deducting these expenses on their tax return must have receipt proof of the items bought.
If a person receives social security for a child and grants temporary guardianship to an individual but continues to receive the benefits will the SSD reimburse the guardian for expenses?
No, unless you went to court and was granted temporary guardianship.
Are nursing home expenses tax deductible?
Yes, nursing home expenses are considered to be tax deductible. However, the person deducting these expenses on their tax return must have receipt proof of the items bought.
What are the two types of expenses?
fixed expenses and variable expenses
When assets are withdrawn from a business by the owners is it considered to be expenses?
cash
Which auto expenses would be considered variable?
Insurance premiums
