Explore the 1,000’s of tax questions answered by professionals.


How do you record a retired bond on the company's financial statements? ... read on

If I purchased supplies and did not use them all and need to record the value of the leftover supplies .... ... read on

A company sells equipment with a carrying value of $10,000 for $7,000. Where and for what amounts would this .... ... read on

The company has an asset with an original cost of $60,000 purchased on 1/1/06. The asset has a useful .... ... read on

Is amortization and depreciation calculated before or after Net Operating Income? ... read on

Is there a certain percentage of sales, income, etc. that needs to be met in order to list certain components .... ... read on

A company's inventory balance at 12/31/09 was $200,000 and was $188,000 at 12/31/08. Its accounts payable balance at 12/31/09 was .... ... read on

What account payable procedure can be used to locate unrecorded liabilities? ... read on