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Q: The amount of sales tax collected on a sale is entered into an account titled?
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Can your spouse use your business account to deposit checks with his name on it as long as he has access to the account?

This depends on your bank's policies, however, generally a check must be titled like the account is titled to be deposited into that account or the payee and the account holder must both present the check for deposit to verify they each agree to the deposit.


Can you deposit a business check to your personal account?

No, you cannot deposit a business check into a personal checking account. You can only deposit a check into an account that shares the same name, i.e. A check is made out to ABC company--it can only be deposited into an account that is titled ABC company. It cannot be deposited into a personal account--even if that is the personal account of the owner.


Is it possible to deposit a check made out to a club into a personal account the club does not have an EIN but has sponsors donating who write it to the club name for charitable tax reasons?

Most banks will require the account to be titled like the check is titled for a deposit involving a business. If the club has no EIN of its own the proprietor would need to secure a DBA - how to register one varies by state - and use the DBA paperwork to start a business checking account with that title in order to deposit the check.


What is the journal entry for the cash stolen from cash box?

Debit: Profit & Loss Account Credit: Cash In Hand or Petty Cash Nature of Debit is Expense and the nature of Credit is Asset. Expense Increased and Asset Decreased If you have an account already open for such Losses then you should debit such account. For example in my company Cash loss is usual Case so we have an Account titled "Cash Lost Expense" In my cash I will pass the entry as Debit: Cash Lost Expense Credit: Cash in Hand or Petty Cash


What is the purpose of a W-4 form?

The purpose of Form W-4, titled Employee's Withholding Allowance Certificate, is to help your employer withhold from your pay the correct federal income tax, based on Single or Married filing status and based on any dependents/allowance exemptions. If the correct amount is withheld, then you should either receive a refund or owe a reasonable, not a huge, amount when you file your tax return.

Related questions

Can there be 3 people on an account that is titled 'tenancy by the entireties'?

Yes


Can your spouse use your business account to deposit checks with his name on it as long as he has access to the account?

This depends on your bank's policies, however, generally a check must be titled like the account is titled to be deposited into that account or the payee and the account holder must both present the check for deposit to verify they each agree to the deposit.


Can one person of a joint account close the account?

No. Actually, it depends on how the account is titled. If it is a Joint OR account, than yes, one person or the other can close it without the other. If it is a Joint AND account than both need to be present to close the account.


How can one LA inhabitant create a Craigslist account?

On the website, found listed under the state of California, there will be a clickable link titled "Los Angeles". From there, appearing in the top left corner will be another clickable link titled "my account". If someone doesn't already have an account, this page will provide the option to set one up.


How do you find out date facebook account created?

All i know is that it was created in february 20042) Try searching your email account registered with Facebook for an email Titled:"Finish your registration on Facebook"


How does one login to their Wells Fargo mortgage account?

To log onto a Wells Fargo mortgage account, the customer must first set up an online account. To do this click on the link titled new user. After an account is set up, follow the instructions to log in.


Can you deposit a business check to your personal account?

No, you cannot deposit a business check into a personal checking account. You can only deposit a check into an account that shares the same name, i.e. A check is made out to ABC company--it can only be deposited into an account that is titled ABC company. It cannot be deposited into a personal account--even if that is the personal account of the owner.


Can you cheat on the trollz game sapphire safari?

No, there are not any listed cheats for the Trollz game titled Sapphire Safari. There are also not any codes that can be entered to enhance game play as of 2014.


How do you get a picture to go on DeviantArt once you have an account?

There's a button on your home page titled "Submit Deviatations". Click on it, and fill out the submit form.


Where is the evacuee poem by r.s thomas?

The poem "Evacuee" by R.S. Thomas can be found in his poetry collection titled "Collected Poems 1945-1990." It is a poignant reflection on the experience of being evacuated during wartime.


Can assets of the people you live with be seized if you declare bankruptcy?

Perhaps. If the filing party is on a deed for real property or joint bank account with the others that property might be "frozen" until the amount each party is entitled to is proven. It will depend on what the property is and how it is titled. If this is the issue it would be advisable to consult a bankruptcy attorney.


Is it possible to deposit a check made out to a club into a personal account the club does not have an EIN but has sponsors donating who write it to the club name for charitable tax reasons?

Most banks will require the account to be titled like the check is titled for a deposit involving a business. If the club has no EIN of its own the proprietor would need to secure a DBA - how to register one varies by state - and use the DBA paperwork to start a business checking account with that title in order to deposit the check.