2007-02-03 03:17:06 · 8 answers · asked by Neil H 2 in Business & Finance ➔ Personal Finance
No
2007-02-03 03:20:18 · answer #1 · answered by Anonymous · 0⤊ 1⤋
No, it hasn't driven me to other sites...but it has made me very wary. And very sad. I was away from the computer for a long time. Just recently came back because there's a lot going on in my life right now and I need the distraction. And the sage wisdom of people my own age who made it through similar situations. And just simply the familiar lightheartedness and chuckles that were always abound here in Y/A Seniors. As for the one who causes so much trouble, I'm sorry to see he's still around. And it's crazy that he's been getting away with this for years now. Wanna hear something funny?.....I finally got my first two violations~ever!~within the last month or so. Didn't hurt me a bit, lol, but there's no doubt where they came from. Thanks for posting this question and giving everyone a chance to speak out. It's been a while since I've seen some of these long-time members...and there are even a few other familiar faces/names who acknowledged their approval by leaving stars. Have one from me, too, Spike. You earned it!
2016-05-23 23:16:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They can be current assets if you have paid for them in advance (e.g. electricity prepayment)at the time of the production of the balance sheet, or liabilities if you have unpaid bills. They are never fixed assets. Fixed assets are property, vehicles, machinery, office furniture etc...
They are expenses in the P and L account but on the balance sheet they are current assets or liabilities.
2007-02-03 03:22:24 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Wages - CURRENT EXPENSES
utilities - electricity - all current EXPENSES
THEY ARE NOT ASSETS AT ALL.
You have not bought your employees.
Fixed assets are buildings.
Debit:
Electricity Expense Credit: Cash
Debit:
Salary Expense Credit: Cash
GOD bless us.
MBA-Boston Univ.
CPA-retired
2007-02-03 03:23:32 · answer #4 · answered by May I help You? 6 · 0⤊ 0⤋
you would not find wages and electricity on balance sheet unless they are part of accruals or prepayments. Prepayments would be included in current assets and Accruals in current liabilities. good luck
2007-02-03 03:23:46 · answer #5 · answered by groovydude 2 · 0⤊ 0⤋
they aint assets of any kind! they go in your outgoings! Fixed assets are like buildings, cars, etc.
2007-02-03 03:25:38 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Wouldn't have called they assets at all, Expenditure maybe
I'm not accounts person though sorry
2007-02-03 03:21:18 · answer #7 · answered by smiley 3 · 0⤊ 1⤋
Those are not assetts at all. they are expenses.
2007-02-03 03:24:40 · answer #8 · answered by mystery_me 4 · 0⤊ 0⤋