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General accounting and bookkeeping questions. How to do monthly bookkeeping, how to prepare financial reports. How to reconcile accounts.
I cannot answer questions pertaining to pension or retirement planning.
This is not a forum to have homework answered. Please do your own homework.
30 years' experience doing tax and accounting work
MPA from Univ. of Texas at Austin, MBA Golden Gate Univ, San Francisco CA
Accounting is information for the small business owner. If your information is better, your business decisions should be better, then your business can become more profitable.
Often small business get into trouble or fail due to lack of information about their business. The more information a small business owner has, the more likely the business will succeed.
Simply looking at the amount of cash a small business earns may not necessarily provide all the information a small business owner needs.
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Remember the process I described - where purchase orders are issued, then the supplier ships the requested merchandise, and then the seller send an invoice to the buyer. Before the buyer will want to pay
Purchase orders allow buyers to communicate their intentions to suppliers. They are a way for the seller to prove the intensions of the buyer in case questions arise. If the purchase order is not authorized
Usually the totals and subtotals are indented - Revenue item $x,xxx.xx Total revenues $x,xxx.xx Expenses Expense item #1 $x,xxx.xx Expense item #2 x,xxx.xx Total
I encourage you to seek advice from a career counselor. This is not a good forum for this question. With that said, there are a variety of options depending on your desires and aptitudes. Accounting
The answer is not clear because normally there would be an agreement as to what improvements are to be paid be the building improvements are to be paid by the building ownet and which are to be paid
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