0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What increased in the 1920's when alcohol became illegal?
Sales of alcohol increased.
Is a sales return and allowances a liability?
Sales returns and allowances is not a liability rather these are expenses or reduction in actual sales
Is sales returns and allowance a current liability?
Sales returns and allowances is not a liability rather these are expenses or reduction in actual sales
Is sales a liability?
no
Is sales liability?
no
Is sales commission a current liability or an expense?
If sales commission is payable in future time then it is current liability but if it is paid already then it is expense.
What has the author James B Sales written?
James B. Sales has written: 'Product liability law in Texas' -- subject(s): Products liability 'The law of strict tort liability in Texas' -- subject(s): Strict liability
Need the answer why is sales tax a liability to a business?
When a business collects Sales Tax, it owes it to the Sales tax collecting authority. Sales tax that has been collected but not paid to the Sales Tax collecting authority should be carried on the books as a liability.
What liability refers to a financial liability brought on by a loss that has resulted from illegal improper or incorrect payments?
Pecuniary
A Florida sales associate may register with the dbpr as?
limited liability company
What type of account is sales tax payable?
Liability
What is the journal entry for selling 450000 in product sales and accrued 6 percent for warranty liability?
debit accounts receivable 450000credit sales revenue 450000debit warranty liability expenses 27000credit liability payable 27000
