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Does supplies expense go on income statement?
yes
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.
How do you report the cost 29000 roof in quickbook?
To report a $29,000 roof expense in QuickBooks, you would create a new expense transaction. Go to the "New Transaction" menu, select "Expense," and enter the details of the expense, including the date, vendor, and the amount. Assign the expense to the appropriate account, such as "Roofing Expense" or "Fixed Asset" if capitalizing the cost. Finally, save the transaction to reflect the expense in your financial statements.
What are the accounting journal entries to record a prepaid expense?
Dr. Prepaid expence (balance sheet) Cr. Expense (income statement) e.g. you have already paid $1200 insurance, but at year end still have six months to go until you have to renew your premium. You would have expensed the full $1200 - now you need to remove the unused (prepaid) portion. Dr. Prepaid expense $600 Cr. Insurance $600
Does office depreciation expense go on income statement?
yes, under operating expenses
Does telephone go on the income statement?
No, telephone expenses do not go on the income statement. Telephone expenses would be recorded as an operating expense on the income statement under the category of "Communication expenses" or similar designation.
Does taxes paid go on a balance sheet?
Taxes paid is part of cash book or cash flow statement and tax expense in income statement and tax payable is balance sheet item.
Where might one go to sign up to for a private line?
A private telephone line can be signed up for by contacting your telephone service provider. It will cost more money then what is paid for a public line.
How long will you go to prison for selling cannabis?
In my experience CDCR provided a lovely all expense paid trip upstate for 24months for first offense of sales of marijuana (HS11360)....
How do you work a telephone?
Go go powerrangers
Does salaries expense go on the balance sheet?
Expenses are never listed in the balance sheet regardless of what they are for. Expenses appear on the income statement. At the end of the accounting period (fiscal or calendar year) expenses are close out.
Does a DSL connection need to go through my telephone company?
Does a DSL connection need to go through my telephone company?
Does supplies expense go on income statement?
yes
Where do the Maintenance expense go on the financial statement?
Maintence Expense is just like any other expense and will be reported on the income statement and deducted from Gross Income to obtain Net Income...
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.
Can you have pictures of telephone?
if you have access to google, go onto it, click on images, then type in telephone and send.
Are commissions earned an income statement acccount?
They Don't go on the balance sheet unless they are currently earned but owed at a later date. When paid out at the time they are earned they would be assigned to the Income & Expense statement as an expense to "sales commission's Expenses". The only time they would show up on the balance sheet if they were earned but not yet paid out then they would be credited to the accounts payable column in current liabilities as maybe "sales commisions owing" against a debit to the expense account ......... expense account - sales commissions $xxxx Dr - liability account - Sales Commissions owing $xxx Cr
