 For giggles I have to ask? |
| I come from a upper middle class family & guess in some ways it seems as such I have to ask why do people making over $100,000 a year complaint so much. According to the tax code it seems anyone ... |
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 Another stimulus question? |
| I am confused about how much my family will get back, and my husbands ss# is in the 50's so I can't see it yet on the websight, but I wondered if anyone could give me insight as to what I ... |
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 My boyfriend does not work and i support him so i usually claim him as a dependent on my taxes.? |
| This year he went to the casino and won a jackpot of $1800 and he sold about $3000 worth of crap on ebay. Does he have to file on his own or can i still claim him like usual.... |
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 Is it legal to completely fill your car with stuff to take to England? |
| I was wondering, if I filled my whole car up in stuff I bought from France until I could hardly get in the car to England, would I have to pay certain taxes or would they ask me to take out most of ... |
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 Help i was called by some compAny in washington d.c? |
| they said that i was being given a grant of a couple thousand dollars because of always paying my taxes and that there was no catches to it or anything and that i would never have to pay that money ... |
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 I still haven't received my tax rebate payment. Last ss #22 and direct deposited. Has anyone else not? |
I tried the irs ph # and was on hold 20 min all 3 times. Does anyone know how I might could talk to someone to see if there's a problem. Husband had surgery and really need that money.
A... |
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 Tax Question..... About 1099-MISC..... Any Help? |
| I am self-employed and I'm trying to wonder if I have to file a 1099-MISC to the IRS because I rented from someone a salon space for my business. Do I send a 1099-MISC to the person that I ... |
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 I want to donate my car to charity. In terms of tax deduction, does it matter which one? |
| Will I get a bigger deduciton by donating to one charity instead of another or are they all the same (in terms of taxes)?... |
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 Stimulus payments.....? |
| Just curious if there is anybody out there that was expecting their stimulus payment via direct deposit on May 2 nd and didn't get it? According to my social security I should get it deposited ... |
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 How can I stop paying so much in taxes? |
Is there a company out there that can help people like me who know there must be a better way. It is so hard toy get ahead.
Please help if you know something I do not!
Thanks!... |
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 Am I entitled to a refund? |
| I bought a pair of shoes 6 months ago for £85 and the soul has come off. I still have the box they came in from the shop but no receipt. Can I get a refund or get new ones?... |
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 Im thinking of buying a computer, online, and i need to know how much it will cost with tax.? |
| OK need to know how much the computer will cost with tax. it says $498.00+tax and shipping. i know the shipping but how find the tax part. im in the state of california.... |
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| Im currently claiming benefit (uk) but ive been summoned to court over unpaid bills what will happen ? |
| Basically ive got about £10000 worth of debts with a lot of different company's like mobile phones,loans,catalogues etc they eventually caught up with me after 3/4 years just wondering where i ... |
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 Is Walmart cashing insentive checks free? |
Do you have to put the $ on their money card?
Additional Details
Tom, My bank holds the check for 3 days. If Walmart will give me the cash, I can deposit it in the bank and have it the ... |
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 Is undocumented income taxed, like tips at restaurant ? |
I know a guy who is a waiter in a restaurant. He gets around $1000 as wage, by check. But he also makes $150- $200 per week extra as
tips given by customers. As these are undocumented income ... |
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 Paying taxes sucks......how can I not pay them? |
| it was fun at first but it's getting tiring and I'd rather just spend my money on a good stripper that knows how to treat me better than the government :) (Also, dont say leave the ... |
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 What are the tax filing requirements - life events? |
| Are there special tax filing requirements for a friend of mine who over the course of last year lost her husband and moved to another state? She had been listed as a dependent on her husband's ... |
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*Ch@R* | OK im in an accounting class and there is one thing we cant figure out...why do debits always = credits??? |
if done the right way |
 |
 
Kurt K
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That is how "double entry" bookkeeping or accounting works.
If the Credits and Debits don't balance (total to the same value) there is a problem or error in the accounting. |
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Dawn B
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Because you have to balance! |
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v b
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If you are referring to a double-entry bookkeeping system...then yes, the first entry (the debit) is always equal to the second entry (the credit).
The point of the system is to track the money. If the sides didn't equal, then you've lost track of some money and defeated the point. |
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just me
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Think of it as charging one account with the expense and crediting another accound with the payment
For instance: If you purchase office suppies you will debit the office supply account so you can keep up with how much you spent on office suplies. You would credit the office supply expense account to show that you paid for office expense.
If the office supply account shows more money then the office supply expense account you owe money to someone for office supplie you didn't pay for yet. |
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botygy
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Because Pacioli said so. |
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rafitozz
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because u need double entry to balance the balance sheet, and the balance sheet needs to be balanced so u can check for any errors or omissions etc |
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stoove
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Because no matter what entry you put into the journal, there is always a debit on one account and a credit on another. It's a matter to credit and debit the correct ledger. Having the cr and debit equal, you have a good assurance that everything is correct. |
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mylilbubbers
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It's called the matching concept. It all starts with revenue. In order to gain revenue you have to spend something to make it. It's about matching revenue with the expense it took to gain it (which must be done in the same period). If you havn't made an actual payment, you've incurred a liability. |
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7
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Because Programs = voter base and programs cost money. The money that comes from you buys votes for them... and if they can get more money out of you that means more votes. Always an agenda.... : |
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