Our company traded equipment with another company and received new assets. No cash was involved at all. Do I retire the old assets from our books? How do I handle the loss on the retirement? Do I add the new assets at the value quoted by the Vendor? Detail below. Old Assets Traded: Cost:...

Hello My 20yr old son has got himself into financial difficulties by defaulting on a personal loan and mobile phone contract, as such the respective companies are chasing him for monies owed. Thankfully he is addressing this now. However when he took out these credit facilities he was living...

Hi, I have been in USA on L1 for the following time period: May 2006 to January 2007. August 2007 till Date. According to the substantial presence test, I completed my 183 days in US in November 2007. So during 2007 I was a dual status alien. My non-working spuose and year old...

Is the patents (Intangible assest)amount added to the current assets amount on a balance sheet. Help Thanks

Hey, I am a 17 year old male who is obsessed by weight sexually. I really don't understand why I find it attractive but I find it scary that I have this fetish. I really want it to go away on its own but if there is anything I can do to help myself I want to try. Ever since 8th grade, I looked at...