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Small business - financial side of it?
Okay so I'm new to this and we are talking about starting up our own small welding business. We have a business account in place for the money to go into and from there we would 'pay ourselves' as an employee sort of then use the business account for business purchases such as gas, welding rig expenses, etc. my question is, how do we determine how much to pay ourselves an how much to let build in the account? I also was told that we don't want to let te business account grow too high or we will be paying through the roof in taxes, but then how do we ever save up and accumulate money? Sorry, just new at this. I need to know the ins and outs. Any info will help.Thanks
Help with financial accounting.?
Im doing an accounting homework, I'm just not sure with my answers, hope someone could explain more.1.Generally accepted accounting principlesa.are fundamental truths or axioms that can be derived from laws of nature.b.derive their authority from legal court proceedings.c.derive their credibility and authority from general recognition and acceptance by the accounting profession.d.have been specified in detail in the CICA conceptual framework. I answered D 6.A decrease in net assets arising from peripheral or incidental transactions is called a n a.capital expenditure.b.cost.c.loss.d.expense. I answered C 7.Proponents of historical cost ordinarily maintain that in comparison with all other valuation alternatives for general purpose financial reporting, statements prepared using historical costs are more a.reliable.b.relevant.c.indicative of the entity's purchasing power.d.conservative. I answered A 9.Management Discussion and Analysis MD& A isa.notes on meetings between management and auditors.b.internal documents not released to shareholders.c.supplementary information included in the annual report.d.supplementary information included in the notes to the financial statements. I answered D Thanks for your help
Why Australia currency is so stable and strong despite all financial crisis?
I can see Australia currency is very much unaffected by the past financial crisis. Why is the main reason?
How to sustain the development of the financial services?
I've got a project to do, which should consists of mare than 6000 words. The theme is SUSTAINING THE DEVELOPMENT OF THE FINANCIAL SERVICES IN YOUR COUNTRY. please help me in this question. i will rate u, promise
Interested in financial planning?
im a teenager and im interested in going into year 11 in mind that i want to start traning to be a financial planner,, but im not 100% sure what they do? i have an idea but not alot of infomation. i believe in Australia its 4 6 years at uni?? also what overll score do I need to get into uni for a business course for financial planing ?is there anything i can do to 'train' now?
What major elements will I need to investigate in order to market my financial services i'm going to offer?
Already filed my 2011 taxes...and then I received an unexpected document from my school about financial aid!?
Since it was the end of the January the 30th, to be exact , I figured all of my tax documents had arrived all of my W 2's and 1099's . So I went ahead and did my taxes. Two days later, my mom comes inside with something from my school. Upon opening it, I realize that it's ANOTHER tax document one I was not expecting having to do with this school year's pell grants. At that point, all my information had already been received by the IRS and my return is already being processed. What the heck do I do now? Is this going to screw me?Edit it may have been a 1098 T. I don't have it on me, so I don't know. It kind of looked like a W 2, though, if that helps.Also, I'm 25, so I'm not considered a dependent. Aaaaaand I haven't made any payments on my financial aid because it was all in form of pell grants...unless you meant something else by that. Anyway, more than half of it went to tuition and books.
I owe money to financial aid will they take my federal taxes?
i was on link card 2yrs ago and theyre sayin they over paid me. can they take my federal refund?
What are smart financial decisions I can make in my twenties to help me pay fit tuition and rent?
I was lucky enough to have a full time job for over a year and save most of my income to help pay for my next few years of school. I am currently going to school to become an actor so the program is very physically and emotionally demanding and it is therefore near impossible to have a job while I am taking classes. I currently have half of my savings in an account with ING growing at around .95% interest and the other half in a CD that is growing at a 1.16% interest. I have several thousand dollars in each account but I know there must be a smarter way to invest my money. I know the economy is doing very poorly at the moment, but if there is a way that I can make more than a few dollars a month I will try anything. I do not know anything about the stock market but if anyone can lend me a few tips, I would be willing to learn. Being an actor, I will not usually have a steady income, so the more I learn about smart investing and saving now the better off I'll be. Any tips or suggestions are greatly appreciated by myself and my room mates. Thanks so much Sorry, that should say for tuition and rent
Accounting career and financial advisor? Help!?
Hi guys, I was wondering What the difference is in job, pay and what oppertunItys what you do as both please? What would I have to study for either, what has move available jobs in Australia or even any questions would help thanks
How can it possible financial help for single mothers?
if you know details, plz ans me.
What will happen if i stop paying emi 's for my housing loan due to my financial problems?
due to my finanacial problems im not able to pay my emi's for my housing and if i stoppaying emi's what will happen i mean what will be the action of bank.
Tax question, Goverment financial aid.?
So I have gotten two grands from the state to help for my college education. Will I need a statement showing how much I recived? I just dont want to have any problems with the IRS for not showing that on my taxes.
Where can I find industry average financial ratios?
Is there a website where I can find industry average financial ratios for comparison to my company? My industry is a food servicing industry, like a restaurant. I would prefer Canadian ratios, but any websites with industry ratios will be helpful.
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