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Q: Is buying supplies on account an investment?
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Is buying and selling shares an investment?

lien marking for buying investment


Is investment ac is nominal account?

Investment A/C is personal account


What is the difference between office supplies account and office supplies expense account?

Office supplies acct is an account that you book as payables and a offfice supplies expense account is a Liability Account on your Chart of accounts


Is Investment Account a Real Account?

it is a personal account


Is investment account real account?

it is a personal account


V freeman-do you have my vanguard account?

Vanguard-Investment Co-WILLYOU OPEN MY INVESTMENT ACCOUNT?


Is the interest earn t in a bank account classed as an investment?

Interest earned in a bank account is not an investment. It is considered an income. The money that you have in the bank account that earned the interest for you is considered the investment


What an example of an investment?

buying shares in a company.


What account is affected in an account journal when you return office supplies that was bought on account?

Say I purchsed $500 in Office Supplies on account, I return the office supplies, since I purchased them on account, the company I purchased them from will extend me a credit to my account decreasing the balance I owe them by the said amount. My books will record....Account Payable (debit)Office Supplies (credit)I debit my Account Payable to show that I no longer owe that amount and I credit my Office Supplies to show that I no longer have that amount of supplies on hand.


Is stocks of other corporations included in the balance sheet investment account?

Yes investment account in balance sheet shows the investment in stocks of other companies only.


What is journal entry to record return of supplies on account?

debit accounts payablecredit supplies return account


Is buying Iraqi dinar a good investment?

yes