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Anderson Inc paid rent expenses of 4000 for the month of October How are the accounts affected due to this tansaction?
When Anderson Inc. pays rent expenses of $4,000 for October, the Rent Expense account is increased by $4,000, reflecting the expense incurred. Simultaneously, the Cash account decreases by $4,000, as the company uses cash to pay the rent. Overall, this transaction reduces the company's cash assets while increasing its expenses, which will ultimately affect net income.
What does aaf mean on a bank account?
AAF - Acting Agent For; e.g. Company A Inc. AAF Company B LLC. This is commonly used for accounts who belong to one company but are being managed by another. They are the 'acting agent' for the company.
In what year did ACADIA Pharmaceuticals Inc - ACAD - have its IPO?
ACADIA Pharmaceuticals Inc. (ACAD) had its IPO in 1985.
The journal entry to record a note received from a customer to apply on account is?
I'm not sure if I have the question correct. However, I will answer it with what I believe you are asking.If a customer pays a business money to be applied to their account the transaction in the journal is simple.Since you are receiving money (cash) you will debit cash for the amount of payment.Since the customer is paying on money they already owe on account you will credit their Account Receivable for the same amount.In other words, Bob owes Systems Inc. $5,000 and decides to pay $500 towards the accountCash (debit) $500 (this increases your cash by that amount)Account Rec.-Bob (credit) $500 (this will reduce the amount he owes the company)
What is the abbreviation for income?
Inc
What is the population of Access Worldwide Communications Inc.?
Access Worldwide Communications Inc.'s population is 2,000.
What is Access Worldwide Communications Inc.'s population?
Access Worldwide Communications Inc.'s population is 2,009.
What services does Washingtong Mutual Bank offer for online customers?
Washington Mutual Bank was bailed out by JPMorgan Chase Bank Inc. Online customers now log into their account via the Chase Link. Customers can still check balances, pay bills, activate account alerts, and more.
What is the motto of Gala Inc.?
The motto of Gala Inc. is 'Global Online Community'.
Where can one watch Ladies wrestling?
If you are interested in viewing lady wrestlers then you will be able to view them on a variety of online sites. The official website of the WWE and YouTube offer several videos on lady wrestling.
What is the phone number for Classmates Online Inc?
classmates online phone number
Who founded ConnectionPower Inc?
ConnectionPower, Inc was founded by Reverand Allen Ratta. You can get more information about ConnectionPower, Inc online at the ConnectionPower website.
Where is the United Mobile Access Preservation Association Inc in Berlin Maryland located?
The address of the United Mobile Access Preservation Association Inc is: Po Box 92, Berlin, MD 21811-0092
I have an old saving account with long island bancorp inc who do you call about it?
I have an old passbook account with Long Island Savings Bank. Where can I check the balance of this account?
What are the cheats for Plague Inc?
There is no known cheats for Plague Inc app as of the time of this writing but you can get tips and strategies online
What is the physical mailing address for United Online Inc?
United Online Inc. 21301 Burbank Blvd. Woodland Hills, CA 91367 Phone 818/287-3000
What is the citation for food inc the movie in 7th mla format?
There are many places online which will create citations for any type of media. The citation for the film Food, INC. is "Food, Inc. Dir. Robert Kenner. Magnolia Home Entertainment, 2009." The citation is in MLA format.
