Ask Experts Questions for FREE Help !
Ask

Search:

Type: Posts; User: segcor

Search: Search took 0.00 seconds.

  1. Question: Where to rough in?

    by segcor
    Answers
    3
    Views
    725

    Normally, your faucet/fixture will come with...

    Normally, your faucet/fixture will come with rough-in schematics. Otherwise, you will need the faucet/fixture to figure it out. Do you have access on the other side of the wet wall?
  2. It is important to keep paid-in capital separate...

    It is important to keep paid-in capital separate from earned capital because they are two different sources of funds. The first is from investors and the second is from earnings. That way, users...
  3. Question: Journalizing bonds

    by segcor
    Answers
    2
    Views
    1,877

    Debit Bank account $xxxx.xx - net proceeds of...

    Debit Bank account $xxxx.xx - net proceeds of issuance
    Debit Bond issue costs $xxxx.xx - capitalize and amortize over life of bond
    Credit Bonds Series ? $xxxx.xx - face value of bonds issued
    ...
  4. Answers
    2
    Views
    1,075

    You would credit accounts payable to increase it...

    You would credit accounts payable to increase it and debit accounts payable to decrease it. The increase or decrease would correspond to a debit of some expense or asset account (increase) or credit...
  5. Answers
    4
    Views
    7,452

    This transaction should be posted to the cash...

    This transaction should be posted to the cash receipts journal - not general journal.
  6. Answers
    2
    Views
    997

    Debit insurance expense $400 Credit prepaid...

    Debit insurance expense $400
    Credit prepaid insurance $400
    $1,200/3yrs = $400/yr

    Prepaid insurance will then amount to $800 on the balance sheet for the first year ended Dec 31, $400 for the...
  7. Answers
    1
    Views
    4,504

    Hot water coming from cold water pipe?

    When I turn on the cold water tap, cold water comes out initially, but quickly and momentarily becomes hot for about 30 seconds, then cold again. At the hot water heater, the cold water feed pipe...
Results 1 to 7 of 7