Business & Finance - 5 July 2007

This is a homework question and I cannot get the answer right for revenue and I don't know what I am doing wrong. Of the below, which would be revenue? Thanks for much for your help

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Acquired cash from stock issue $50,000
Rent paid for 2/1/2004 to 2/1/2005 6,000
Paid in advance for services over period 9/1/04 to 9/1/05 4,800
Performed services on account 65,200
Operating expenses 31,500
Accounts receivable collected 56,900
Paid cash for salaries 22,000
Paid accounts payable 28,000


Made adjusting entry for expired rent ?
Recognized revenue for event 3 ?
Recorded accrued salaries $2,100

2007-07-05 06:17:52 · 3 answers · asked by Anonymous in Other - Business & Finance

I have a friend who is trying to buy a car off of my parents. It's $4000, and she's trying to take out a personal loan. She has NO credit history, but she has a savings account at Citizens Bank were she is trying to get the loan. Is she going to get slammed with interest???

2007-07-05 06:16:23 · 7 answers · asked by Awesinine 2 in Credit

If I marry my fiancee, what about his IRS debt? Will I be responsible for it or not??? I own my own business and would not want to owe his tax debt of about $192,000 (bad business partners).

2007-07-05 06:14:56 · 3 answers · asked by Anonymous in United States

Is there an investment that will give you good intrests at very low risk for 1,000,000 USD?

2007-07-05 06:06:25 · 7 answers · asked by Anonymous in Investing

I see ads all the time for "joke of the day" or services offering ringtones or wallpaper. It usually involves sending a ketword to a 5 or 6 digit number via text. How does one go about starting one of these businesses (getting the number, etc.)? Just from any mobile carrier?

2007-07-05 05:53:26 · 0 answers · asked by Jeff S 2 in Small Business

I have some money in mutual funds and I am about to sell my house. When I sell my house, the proceeds will be tax free. It will be more than enough to remodel the home I will be moving to. But if I depend upon this money, then I can't start the remodeling until the current house sells. On the other hand, if I cashed in these investments I could begin the work now. I don't know how to decide whether to withdraw the money and start now or wait until the sale to start.

2007-07-05 05:51:40 · 3 answers · asked by plezurgui 6 in United States

2007-07-05 05:50:25 · 3 answers · asked by e_grabin 1 in United States

I had a local tax guy do my taxes and he assured me that everything was going to be ok. Well I got audited and have to back pay the taxes. Can I take him to court and at the least get the fines and interest reimbursed?

2007-07-05 05:47:06 · 3 answers · asked by grasshoper3 1 in United States

if i change my mortgage and take out a fixed deal for say 5 years, can i move house within that 5 year period, transfer the mortgage to the new property and not incurr any charges?

2007-07-05 05:39:58 · 11 answers · asked by Tucker 1 in Renting & Real Estate

As a greencard holder, I pay US taxes when working in the US. I want to know whether I'm still liable to pay US taxes if I work in my home country (but retain my Greencard status in the US).

I'm also trying to get the answer via the IRS website, but still haven't found anything.

2007-07-05 05:38:01 · 3 answers · asked by mamabear 1 in Other - Taxes

My boy-friend and I are starting the process of buying our first home. We have our pre-approval but is there any advice on how to make this whole process go a little bit smoother?

2007-07-05 05:36:58 · 7 answers · asked by Marie C 2 in Renting & Real Estate

When a shareholder advance is listed as a liability, is it technically a financial instrument?

I know that loans and receivables are not, but financial obligations to deliver cash are.

So, is it a loan, or an obligation?

2007-07-05 05:36:18 · 2 answers · asked by ct 4 in Corporations

2007-07-05 05:34:21 · 1 answers · asked by Anonymous in Other - Business & Finance

The house is only 2 yrs old btw and the original owner didn't have a phone line installed. Thanks!

2007-07-05 05:26:10 · 3 answers · asked by mayralp 2 in Renting & Real Estate

....

2007-07-05 05:26:05 · 8 answers · asked by Eugene B 2 in Other - Careers & Employment

Also, do you have to be married in order to receive these advantages?

2007-07-05 05:24:07 · 3 answers · asked by e_grabin 1 in United States

2007-07-05 05:07:59 · 4 answers · asked by sam11stellar 1 in United States

I work for a university in Michigan. I'll be moving to Hawaii in a few weeks. It's a permanent job. My question has two parts:

1. Will I have to file 2 state tax returns for the first year?

2. Would I have to get Hawaiian residency, or could I keep my Michigan residency over there even if I live in Hawaii?

Does anyone know who I might be able to contact regarding this?

2007-07-05 05:00:17 · 11 answers · asked by levampiredeparis 2 in United States

Have whole life policies for son and daughter, would like for them to be able to use the funds for first time down payments.

2007-07-05 04:58:10 · 5 answers · asked by Carmine M 1 in Insurance

hey, I live in PA and my dad is looking for a house. theres one right across the street from my grandma and he helps take care of her so it would be perfect if he could get that house but he would never buy it because its all run down. Are there government grants or programs available to remodel homes like this?

2007-07-05 04:54:36 · 4 answers · asked by Matt S. 2 in Renting & Real Estate

i mean i try so many online business and find nigeria is not listed

2007-07-05 04:48:47 · 7 answers · asked by Ayo O 1 in Other - Business & Finance

i now find myself unemployed for the first time in 20yrs and basically am going to get bugger all from the government.
p.s. how the hell do you live on £57 a week, with 2 kids an ex wife, a car, bills and oh food?

2007-07-05 04:47:10 · 10 answers · asked by lucky steve 2 in United Kingdom

Spouse has massive credit card and loan debt in his name only.

2007-07-05 04:44:53 · 6 answers · asked by Anglcake 5 in Personal Finance

Looking to purchase a home in the next 6 months in Southside Jacksonville. New to the area and could use some recommendations.

2007-07-05 04:33:02 · 2 answers · asked by steve_dickson1982 1 in Renting & Real Estate

2007-07-05 04:22:07 · 3 answers · asked by raclawski04@ameritech.net 1 in Renting & Real Estate

We decided to not purchase the hosue we are currently in enscrow with, Can i can cancel the dep check ? We are with/in out inspection contingencies and found too much wrong with the property. If I allow the escrow company to cash the deposit check, how long will it take to get it back. Can i just cancel the check ?

2007-07-05 04:17:43 · 2 answers · asked by raclawski04@ameritech.net 1 in Renting & Real Estate

actually, this question is really for a friend - but suppose she owns the property via quit claim, and the seller had financed the original purchase via mortgage, and continues to get equity loans and refinancing on the property through the mortgage company - does this allow him any rights re: the property - my friend wants to sell the property to her daughter - what rights does this first seller, who obtained financing and is still listed on the mortgage company records, have with respect to preventing the sale or getting money back after said sale?

2007-07-05 04:13:54 · 5 answers · asked by sweetpea 2 in Renting & Real Estate

A.) 2,220.80
B.) 19,619.20
C.)13,531.70

can someone also show me how to work the problem out it would really help me alot.

2007-07-05 04:04:29 · 3 answers · asked by sagen j 1 in United States

How much will my check be with taxes taken out? i claim 3.

2007-07-05 04:00:24 · 3 answers · asked by Anonymous in United States

how much time was it between the interview and the call saying that you're hired. I'm aware of such things as background checks and what not and I know the process can take a while.

2007-07-05 03:59:26 · 8 answers · asked by Anonymous in Other - Careers & Employment