General Accounting

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Receiving a monetary gift and need advice.

A friend of mine came into a large sum of money from a legal suit and is planning on giving me $25,000 as a gift. I'll...
3 comments posted 19yrs
posted by joshmabus
3 comments posted 19yrs posted by joshmabus

Study ACCA/Dip. in IFR in Canada

Dear All, Good Day, Stouffville College the only ACCA college in Canada is granting admissions for ACCA and Diploma in...
0 comments posted 19yrs
posted by rizvi.q
0 comments posted 19yrs posted by rizvi.q

1031 exchange ? or not

Question: I have a single family residential that I'd like to sell and then use the proceeds to buy a 4-plex. I live in...
1 comments posted 19yrs
posted by kade714
1 comments posted 19yrs posted by kade714

revenue vs. cogs per GAAP

Say you have a company that sells two products X and Y, where X is used by Y (e.g. plastic bullets for a BB gun). The c...
0 comments posted 19yrs
posted by eglamkowski
0 comments posted 19yrs posted by eglamkowski

other peoples frustrations with the accounting world

Hi all, I'm a second year accounting student. I currently work as an accountant for a medium-sized insurance company. E...
8 comments posted 19yrs
posted by Derek.Harlan
8 comments posted 19yrs posted by Derek.Harlan

MS Accounting Pro 2007

Is anyone in the UK using this?? I've found how to put my customers in GBP £, but all my compnay info is in dollars. Is...
1 comments posted 19yrs
posted by spamtrap
1 comments posted 19yrs posted by spamtrap

Novice -- undeposited funds question

If I'm looking at the P&L Statement and the Balance State for an organization and.... the P&L says the net profit for a...
4 comments posted 19yrs
posted by BETAC-T
4 comments posted 19yrs posted by BETAC-T

Double entry accounting question

I am developing a piece of software for use in a friends antique business. I have a problem identifying how to achieve...
3 comments posted 19yrs
posted by jeff.williams_NO_SPAM
3 comments posted 19yrs posted by jeff.williams_NO_SPAM

Simple accounting Questions

I received an audit adjustment from PWC, it states that:- AA#1 Fixed Assets - CIP................XX ~~~~Other Receivabl...
1 comments posted 19yrs
posted by joycelization2003
1 comments posted 19yrs posted by joycelization2003

building home office addition

I am building an addition to our house. It will be used exclusively as my wife's S-Corp office space. Total constructio...
2 comments posted 19yrs
posted by johnkowalski5189
2 comments posted 19yrs posted by johnkowalski5189

A few thoughts for you.

I graduated from college with a BBA in accounting in May 2002. My GPA was 3.87 on 4.0 scale. I have been a professional...
0 comments posted 19yrs
posted by arnold
0 comments posted 19yrs posted by arnold