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What else can I help you with?
How do you Calculate Commitment fee on revolving loan?
Unused $amount x interest rate x #days in the period = commitment fee
What are ways to reduce or eliminate debt?
To reduce or eliminate debt, start by creating a detailed budget to track income and expenses, allowing you to identify areas for savings. Prioritize paying off high-interest debts first, possibly using methods like the avalanche or snowball strategies. Additionally, consider negotiating with creditors for lower interest rates or payment plans, and explore options like debt consolidation or credit counseling. Finally, increase your income through side jobs or selling unused items to accelerate debt repayment.
What is the best way out to eliminate your debt if not consulting free debt settlement advice com?
To eliminate debt effectively without consulting debt settlement services, consider creating a detailed budget to track your income and expenses, allowing you to identify areas for savings. Focus on the debt snowball or avalanche method: pay off the smallest debts first for motivation or tackle the highest interest debts to save on interest over time. Additionally, explore options like negotiating directly with creditors for lower interest rates or payment plans, and consider increasing your income through side jobs or selling unused items. Finally, ensure to avoid accruing new debt while you're in the process of repayment.
What happens to your FSA money at the end of the year?
Any money left in your Flexible Spending Account (FSA) at the end of the year is typically forfeited and cannot be carried over to the next year. It is important to plan your expenses carefully to avoid losing any unused funds.
What happens to unused loan loss reserves?
Unused loan loss reserves represent an overestimation of the bad loans on the books. Ultimately, the unused loan loss reserves would be taken into income
Are commitment fees on unused revolving credit line classified as interest expense or other expense?
interest expense - see nutrisystem, kona grill, franklin covey 10K's as examples
What is the journal entry for unused travel expenses paid in advance?
you would label it as a prepaid expense. Debit -prepaid travel expense credit- cash
How do you remove an unused operating system in your computer?
smash the thing to pieces
Prepaid expence is?
A prepaid expense is simply an expense that is paid in advance of the service being used. Most cable companies, for example, charge you for the following moth's service, and if you terminate your service, they refund the unused portion of your payment.
What are names of Philippine typhoons in 2011?
Amang (02W)Bebeng (1101)Chedeng (1102)Dodong (1103)Egay (1104)Falcon (1105)Goring (active)Hanna (unused)Ineng (unused)Juaning (unused)Kabayan (unused)Lando (unused)Mina (unused)Nonoy (unused)Onyok (unused)Pedring (unused)Quiel (unused)Ramon (unused)Sendong (unused)Tisoy (unused)Ursula (unused)Viring (unused)Weng (unused)Yoyoy (unused)Zigzag (unused)Abe (unused)Berto (unused)Charo (unused)Dado (unused)Estoy (unused)Felion (unused)Gening (unused)Herman (unused)Irma (unused)Jaime (unused)
How do you Calculate Commitment fee on revolving loan?
Unused $amount x interest rate x #days in the period = commitment fee
What is the difference between cost and expense?
The difference between a cost and an expense lies on the matter of distinguishing and separately recognizing the used, utilized and expired portion of the cost, being that part is what we called an expense. An expense can also be described as a cost forgone since it is already been utilized and used. The expense is also recognized only in the income statement rather than in the balance sheet since utilization is recognized for a certain period of time. On the other hand, an unused or an unexpired cost is reported in the balance sheet as at a certain point of time. A costmight be an expense or it might be an asset. An expense is a cost that has expired or was necessary in order to earn revenues.
Is a utility that reorganizes the files and unused space on an computer's hard disk so that the operating system accesess data more quickly and programs run faster?
defragger
Is cost of good sold an asset?
Any "Cost of goods sold" ( i.e. anything purchased to produce a good such as base materials etc...) is usually placed on the "Income and Expense" statement as an expense against revenue they would not ( any costs associated with producing a product or service) be considered an asset which is a "Balance Sheet" item. The only time they would be seen as an asset is if anything purchased to produce a good remains unused in the fiscal period they were purchased as in an asset item under "unused inventory".
How can the debt be cleared?
Clearing debt typically involves a combination of strategies, including creating a budget to manage expenses, prioritizing high-interest debts, and making consistent payments. Consider consolidating debts with a lower interest rate loan or negotiating with creditors for better terms. Additionally, increasing income through side jobs or selling unused assets can help accelerate debt repayment. Ultimately, maintaining discipline and a clear repayment plan is essential for effective debt clearance.
What is a club penguin membership that is unused?
A membership that is unused
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
