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It is debit on your accounts
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Is deferred income taxes debit or credit?
It's a debit... since - once the income tax is confirmed, it will be taken from the account.
What is the accounting journal entries for penalties and interest an taxes?
The accounting journal entries for penalties and interest on taxes will go in the debit and credit columns. You debit the expense account and credit the liability account until the penalties and interest is paid.
Is prepaid insurance a debit or credit?
Debit
Can you pay your income taxes owed with a credit card?
You can pay your taxes with a credit or debit card at www.payUSAtax.com. This service allows you to pay your Federal taxes electronically and is a service of RBS WorldPay in agreement with the IRS. A convenience fee of 1.95% of the tax payment amount (or $3.89 for Visa debit and ATM/Debit transactions) is charged by RBS WorldPay's service provider, Value Payment Systems, for using this service.
Is cost of sale credit or debit?
Credit or debit
Are processing rates lower for debit cards vs credit cards?
credit cards
What is the journal entry for accrued use tax?
debit taxes expense and credit taxes payable
List 3 ways that you can pay your taxes?
Credit of debit card
Is deferred income taxes debit or credit?
It's a debit... since - once the income tax is confirmed, it will be taken from the account.
What is the accounting journal entries for penalties and interest an taxes?
The accounting journal entries for penalties and interest on taxes will go in the debit and credit columns. You debit the expense account and credit the liability account until the penalties and interest is paid.
Is prepaid insurance a debit or credit?
Debit
Where may an individual find information about credit card processing rates?
Credit card processing rates are provided by the credit company a business owner chooses to use for credit and debit card transactions and are made available by the provider.
What is the jounal entry to after-the-fact payroll where all taxes have been paid?
Debit - Payroll (Wages) - for the amount of the total gross wages. Debit - Payroll Tax Expense - for the amount of the EMPLOYER taxes. Credit - Cash
Where can one obtain a debit or credit card?
If your cerdit is good, your bank can issue a debit card (they are not "sold").
Can you pay your income taxes owed with a credit card?
You can pay your taxes with a credit or debit card at www.payUSAtax.com. This service allows you to pay your Federal taxes electronically and is a service of RBS WorldPay in agreement with the IRS. A convenience fee of 1.95% of the tax payment amount (or $3.89 for Visa debit and ATM/Debit transactions) is charged by RBS WorldPay's service provider, Value Payment Systems, for using this service.
Does cash on hand have a debit or credit balance?
credit
Is a refund to a credit card a debit or credit?
Debit
