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Our company sold inventory after our books and records were finalized for the year. What are the proper journal .... ... read on

Our construction company is building an storage building for a customer which costs about $300,000. He would like us to .... ... read on

When filing out the worksheet for Form 4562 Depreciation and Amortization, under the column for method and convention, is the .... ... read on

If corporate equipment is temporarily removed from service, can it be depreciated according to the previously established depreciation schedule? ... read on

I run an exercise studio and provide advertising, space, and collect payments for the instructors. Gross revenue is reported .... ... read on

I started a business with $5,000 with my own capital. What would be the journal entry to record the .... ... read on

Using the accrual method of accounting, how do you record the following: The property and liability insurance bill (total of .... ... read on

I'm filing year end tax form 1120S for a small corporation on a cash basis. If a paycheck was .... ... read on

If you are the owner of a daycare center and some families have outstanding upaid bills, are they deductible as .... ... read on

One of the three partners in a multi-member LLC which is taxed as a partnership passed away this year. .... ... read on