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What else can I help you with?
What is it when a transaction is listed as grant in stocks?
When the transaction is listed as grant it means that the company give the stock to the employee.
How do you account for sale of company stock by owner?
capital transaction
Can a company open PPF account for employee instead of PF account?
No.
If a company purchase equipment on account What is the assets here?
The asset account will be Equipment. You will debit this account to increase its value. The credit side of this transaction will be Accounts Payable. This transaction will increase the value of Accounts Payable, as well.
What percentage can a company garnish an employee's wages?
First, a company can not garnish an employee's wages. A court order is required to begin a garnishment of wages which a company is legally required to follow. Federal law mandates that a maximum of 60% of an employee's income can be garnished. This amount is determined by a judge and varies from situation to situation.
What is credit and debit in banking sector?
In banking parlance, Credit refers to a transaction where funds came into the account under question and Debit refers to a transaction where funds were taken out from the account. For ex: If your company deposits your salary into your bank account, it will be a credit transaction. Similarly, if you use your ATM Card and withdraw some money, it will be a debit transaction.
Paid 600 to Royal Company on account. what is the journal entry of this transaction?
The journal entry is Account Payable - Royal Company (debit) 600 Cash (credit) 600
Jekyll Company collected 500 on account What impact will this transaction have on the firm's current ratio?
no impact
How can I track a credit card transaction?
You can track a credit card transaction by checking your online account, contacting your credit card company, or reviewing your monthly statement.
What is contract to hire?
Contract to hire is a situation in which an employee is hired as a contract employee for a set amount of time. At the end of that time, depending on performance, the employee would be hired as a company employee.
Why should a company open a business savings account?
A company open a business savings account because it makes transaction and payment much easier. You can read more at www.citibank.com/savings
How can you manage a work?
by seeing the situation of each employee in the company for example so we should see and discuss what the employee needs and wants in organization behavior ,,,
