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Any accountants in? Is stamp duty an "expense" when buying a business?

Any accountants in? Is stamp duty an "expense" when buying a busi…

singletrackworld.com

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Q: “What is a sinking fund?” A: An account/fund that you can use to save money for specific expenses in the future. The goal is to save enough money to cover the expense so that it doesn’t disrupt your budget when it comes due. Example: Christmas. Saving up small amounts each week for the holidays in advance so that when it’s time to do your shopping the money is already available in full. | Baddies and Budgets

Q: “What is a sinking fund?” A: An account/fund that you can use to …

473.5K views5 months ago

FacebookBaddies and Budgets

If cash is received from customers in payment for services that have not yet been performed, the business would record the cash receipt as: Multiple Choice A debit to an unearned revenue account. A debit to a prepaid expense account. A credit to an unearned revenue account. A credit to a prepaid expense account. A credit to accounts payable.

If cash is received from customers in payment for services that have …

Expense account without receipts!!?? #thisisstupid #congre…

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