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

I am trying to do the accounting for my company and ran into an issue. I am using QuickBooks. .... ... read on

If you replace equipment and the old one is thrown away, what accounts are affected? ... read on

We just changed our QuickBooks from 2008 to 2010. When we go to reconcile our bank account, the beginning .... ... read on

Someone wants to invest into my corporation with cash for a certain amount of return in the future. The .... ... read on

In a Governmental Capital Projects Fund, how do I journalize a fixed asset and L/T debt for a sewer improvement .... ... read on

How do you book a foreclosed property on a lenders books? ... read on

I purchased a business (100% stock) with a zero bearing interest promissory note, how do I enter this purchase in .... ... read on

If the lessee moves in before the lease term begins, how should this be accounted for? ... read on

What is an acceptable practice when trying to balance a bank statement and the problem cannot be found? How do .... ... read on

How you would journalize someone giving you a deposit of furniture you loan them with the intention of them returning .... ... read on