Mon 17 Oct, 2016 03:40 pm - So, essentially it is a liability? I cant get my head around that idea so far. The template in use have assets,liabilities and equity and for sure, it is closer to liability. Or it should be like... (view)
Mon 17 Oct, 2016 04:13 am - How do we handle an accounting records errors caused by miscommunication. So, the boss provides services to its employees on a friendly rate. That is, he provides them services on half the normal... (view)
Mon 17 Oct, 2016 04:11 am - Hello,
I am a bit lost on this one. How would I record this:
my company donated items worth 23$ to a local cause/charity. It was spent from company money but the transaction/spending... (view)
