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How often do navy reserves get paid is it broken up into two paychecks on the 1st and 15th like regular navy?
Wiki User
∙ 14y ago
It sure is not. You are not active therefore you will not get active pay. They only pay you for drill weekends and the 2 week minimum you work. Now you can activate for no longer than 6 months broken up it you want and they pay you BAH for that state, and pretty much active duty pay for the time you work.
Wiki User
∙ 14y ago
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What is the accounting entry for booking homeowners association restricted reserves?
Read your governing documents to determine how 'restricted reserves' are treated as accounts. Often, and state laws can dictate -- that 'restricted reserves' are mandated to be kept in separate accounts, in a bank, for example. Whether these are 'maintenance reserves' , 'capital reserves' or 'insurance deductible reserves', your chart of accounts should differentiate (each of) them from the association's operating account.
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