Latest threads in General Accountingshow only best voted threads

Subject Author Posted Replies
 
Suppose MSFT issued bonds and bought back shares...
I have included the latest balance statement for MSFT below. The market capitalization of MSFT is now $296B. Their debt/equity (Dt/Eq) ratio is 0.00. Suppose that MSFT issued $295B in bonds. Also,...
 
CPA Auctions
A Becker CPA Auctions blog: http://cpaauctions.blogspot.com/
 
amortization of intangibles
Hi guys, with a friend of mine we are in the process of starting up a business. We need to develop a concept and, it is my understanding that if the design is developed internally it is classified as...
 
Stock basis.
Greetings to all, I have an elderly client who held a large number of shares in Georgia Pacific which last year was bought out for cash and need to find a basis. We do not know when the stocks were...
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Donation
What was the answer to the question about travel donation if given back to the organization? I went to save it and hit the wrong key - poof! Gene
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Canada Business Online
-Canadian Business News Online Money Making Secrets!: April 2007
 
Stats or survey on high-earning finance and accounting line of work/business
I am looking for some statistics, surveys, or data on the earning power (salary, revenue) of various types of finance and accounting work and business. I know of a salary guide, but that only contains...
 
no dbl-taxation on S-corp?
One of the touted advantages of converting from a C-corp to an S-corp is to avoid double taxation. But when the dividend/distribution passes through to the owner's 1040 return, it doesn't pass-through...
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Donations
Hi, I have an accounting question. Since I am beginner in accountancy I need some help. I have the following situation: A person books flights and pays for them to attend a meeting of an organisation....
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what account to put Draws in?
oops, I forgot to explain. I work for an LLC where the owner uses some money from the corporate banking account. This is supposed to be a "draw," right? What account does it com from? QB Help says an...
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order processing software?
Hello, I have a one person online business. I receive my orders with an email and I have a paypal merchant account. I am looking for software that automates my order processing. For example, the...
 
Initial balance sheet before any transactions
Hi everyone I was wondering, if the source of a finance at startup is: directors - £100,000 bank - £50,000 business angel - £100,000 total = £250,000 Would the intial balance sheet look like...
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Simply lost data
We had a full quarter of data filed in our new Simply system. Somehow it all got deleted. Is there any way to recover this. It may have been error or sabotage. I am running windows XP Thanks Alex
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Nonprofit accounting question.
I am neither an accountant nor a bookkeeper. However, I participate in a tax exempt 501(c)(6) nonprofit organization that is considering changing the way we enter and present some of our accounting...
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probate question(real estate)
Probate: In california, sale price of the home has to be within 9% of apprasal done by inheritance tax referee If so, James Bank's probate method doesn't work in Calfornia, does it? This question is...