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If you quit and have unrecoverable draws on future commissions, you may be required to repay those advances to your employer. Unrecoverable draws typically refer to amounts paid in advance against future commissions that you may not earn. Your employer may deduct these amounts from your final paycheck or pursue other means of recovery. It's important to review your employment contract and discuss the specifics with your HR department to understand your obligations.
What else can I help you with?
Who draws up the budget?
the legislative budget board and the officer of budget planning
What is profit and loss appropriation account?
its when a partnership business draws up an Appropriation Account to show how the net profit is shared out between the partners
How to make entry in case the owner draws cash from company account in tally?
debit the cash account with drawings amount (Thanks but drawing account should be under what?) please clarify.
Is a non recoverable draw subject to payroll taxes?
Yes, a non-recoverable draw is typically subject to payroll taxes. Since it is considered a form of compensation, it is treated like regular wages for tax purposes. Employers must withhold applicable federal, state, and local payroll taxes from these payments. It's essential for both employers and employees to understand the tax implications associated with such draws.
What is an expanded basic accounting equation?
The expanded accounting equation replaces Owner's Equityin the basic accounting equation (Assets = Liabilities + Owner's Equity) with the following components: Owner's Capital + Revenues - Expenses - Owner's Draws. In other words, the expanded accounting equation for a sole proprietorship is: Assets = Liabilities + Owner's Capital + Revenues - Expenses - Owner's Draws.In the expanded accounting equation for a corporation, Stockholders' Equity in the basic accounting equation (Assets = Liabilities + Stockholders' Equity) is replaced by these components: Paid-in Capital + Revenues - Expenses - Dividends - Treasury Stock. The resulting expanded accounting equation for a corporation is: Assets = Liabilities + Paid-in Capital + Revenues - Expenses - Dividends - Treasury Stock.The expanded accounting equation allows you to see separately (1) the impact on equity from net income (increased by revenues, decreased by expenses), and (2) the effect of transactions with owners (draws, dividends, sale or purchase of ownership interest).
What happens when a player draws 2 cards and then draws 4 more cards in Uno according to the rules?
When a player draws 2 cards and then draws 4 more cards in Uno, they must draw a total of 6 cards and skip their turn.
What happens when a player draws a wild card in a game of Uno?
When a player draws a wild card in Uno, they can choose any color they want for the next play, giving them flexibility and strategic advantage in the game.
What is the present past and future of draw?
Present - I/You/We/They draw. He/She/It draws. The present participle is drawing. Past tense - drew. Future tense - will draw. going to draw. am/is/are drawing - I am drawing my picture tomorrow
What happens when a player draws a Uno Flip wild card that allows them to choose a color?
When a player draws a Uno Flip wild card that allows them to choose a color, they get to pick any color they want for the next player to match.
What happens when a player draws the "nope" card from Exploding Kittens?
When a player draws the "nope" card from Exploding Kittens, they can use it to cancel out another player's action or card play. This can help protect themselves from potential attacks or disruptions in the game.
What do you call a few draws?
If a piece of furniture? A few draws are usually known as a 'chest of draws.'
How many ways are there to score 32 points in football?
In European Leagues, 10 wins + 2 draws 9 wins + 5 draws 8 wins + 8 draws and so on to 1 win + 29 draws 0 win + 32 draws.
How many lottery draws have there been?
Over a 1000 lottery draws.
Definition of a person who draws maps?
A person who draws maps is a cartographer.
When was D.A.D. Draws a Circle created?
D.A.D. Draws a Circle was created in 1987.
When was Stefanie Draws born?
Stefanie Draws was born on 1989-10-16.
When was Tony Draws a Horse created?
Tony Draws a Horse was created in 1950.
