Yes, but only on the ones that your boyfriend is on (joint credit accounts only).
[Debit] Bank Account 50000 [Credit]Cash Account 50000 Bank account as well as cash accounts are involved in this transaction.
Your credit score can be decreased by having collection accounts listed, a judgment, late payments or if you have too much available credit. If you have that much credit, you would want to contact the credit issuer to lower your credit limit. Your debt should never be more than 35% of the available credit. Timely, consistent payments to your creditors and low credit limits will help increase your credit score.
Depending on what expectations are set after the $50,000 is given.
General entry in company books as follows: [Debit] Cash/Bank 50000 [Credit] Share capital 50000
The tenant allowance or credit should be included in the calculation of deferred rent (and not as a seperate journal entry).
33% of 50000= 33% * 50000= 0.33 * 50000= 16,500
1.8% of 50000= 1.8% * 50000= 0.018 * 50000= 900
[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000
It is 50000.
50000
10000% of 50000= 100 x 50000 = 5000000
It is possible but your interest rate may be very high.