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No. Juvederm is considered a cosmetic procedure and not a medical need. It is not covered under your Flexible Spending Account.
An independent contractor can get a Flexible Spending Account (FSA) if they meet the qualifications to have an FSA. They must be covered under a high deductible health insurance plan and have no other health coverage. They can not be enrolled in Medicare or be claimed as a dependent on anyone's taxes.
flexible
Accounts
is preliminary expense comes under other assests in banking company accounts
When the dollar is under a flexible exchange rate regime
Accounts payable is a liability account. When something is purchased on account it falls under this category such as purchasing $10,000 worth of office supplies on account. You would debit the office supplies account under assets and credit accounts payable under liabilities.
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Answer:The allowance for uncollectible accounts is a contra T-account to accounts receivable. Both are presented under current assets. The allowance can also be subtracted from accounts receivables, showing the net value (common for listed companies).
Accounts payable is of liability nature as it is payable in future so it is shown under liability side of balance sheet and not in income statement.
when petty cash falls under the accounts payable umbrella, what guidlines should be set?
Accounts payable is liability and fall under liability side of balance sheet.