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What is office account?
What entry can we post to Office Maintenance Account in accounting
What is the difference between office supplies account and office supplies expense account?
Office supplies acct is an account that you book as payables and a offfice supplies expense account is a Liability Account on your Chart of accounts
What is office maintenance account?
What entry can we post to Office Maintenance Account in accounting
The office equipment account is classified as?
The office equipment account is classified as an asset. Office equipment is an account that is amortized each year to show a devaluation for tax purposes.
What account is affected in an account journal when you return office supplies that was bought on account?
Say I purchsed $500 in Office Supplies on account, I return the office supplies, since I purchased them on account, the company I purchased them from will extend me a credit to my account decreasing the balance I owe them by the said amount. My books will record....Account Payable (debit)Office Supplies (credit)I debit my Account Payable to show that I no longer owe that amount and I credit my Office Supplies to show that I no longer have that amount of supplies on hand.
Can you open a PayPal account with the Post Office?
Yes, you can open a PayPal account using a Post Office address as your primary residence. However, you will need to provide additional information, such as a valid email address and identification, to complete the registration process. It's important to ensure that your identification matches the details you provide to avoid any issues with account verification.
How are salaries paid on behalf of the branch office accounted for in the home office ledger?
Debit the salary account and credit the branch cash account.
How do you reactivate my office 365 by changing my account type of us business account to personal account?
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How do you journalize office supplies on account?
Debit office suppliesCredit Accounts Payable
What is office maintenance in accounting?
What entry can we post to Office Maintenance Account in accounting
What is the meaninf of Account goes out at our office and into our client's office?
The phrase "Account goes out at our office and into our client's office" typically refers to the process of transferring or managing an account from the organization's internal systems to those of the client. This could involve sharing financial information, reports, or documents related to the account. It indicates a transition of responsibility or oversight from the service provider to the client.
What is a nominal account?
Land and Buildings; and Office Machinery A nominal account is account for income and expenses e.g Rent and rates account or subscription account.
