Description : he step in the accounting cycle that is performed on a periodic basis (i.e., monthly, quarterly) is a. analyzing transactions. b. journalizing and posting adjusting entries. c. preparing a post-closing trial balance. d. posting to ledger accounts.
Last Answer : b. journalizing and posting adjusting entries.
Description : Interest payments, principal payments, and cash dividends are the typical budgeting cash-flow analysis because they are A. included in; financing B. excluded from; financing C. included in; operating D. excluded from; operating
Last Answer : C. included in; operating
Description : Do you know any banks that do not charge monthly fees for not meeting minimum balance requirements? Or a recommendation of a good bank, period?
Last Answer : answer:I use a Credit Union. I'm on about 6 years without a problem. And they don't have a minimum. Well, they actually do. I have to keep 5$ in my savings. My checking account can sit at ... not be in your area. But any credit union will probably give you a better service than a big national bank.
Description : Do you know any banks that do not charge monthly fees for not meeting minimum balance requirements for a small business account? Or a recommendation of a good small business bank, period?
Last Answer : Sovereign Bank had Free Business Checking a few years back… I’m not sure if they still do. Have you done a web search for “free business checking”?
Description : Will an interest only loan calculator help me determine my monthly payments?
Last Answer : An interest only loan calculator will not help you to determine your overall monthly payments. This will only calculate your total interest payment. To know the total cost of your loan use a loan calculator.
Description : Where can I find a reputable car financer with low interest rates and low monthly payments?
Last Answer : Capitol One has a great auto financing program. Their website is http://www.capitalone.com/auto-financing/ . Another place you could check is https://www.chase.com/auto-loan/car-loan.htm .
Description : Why can't a credit card company stop monthly charges from posting to an account after the account has been closed?
Last Answer : You must have, at some time, agreed to automatic withdrawals. And you should have to do the extra work because it’s your money-you bought the services, not Amex.
Description : Point elasticity of demand can be useful in which of the following cases (a) A departmental store is thinking of increasing the price of gift packs (b) A service station is considering to ... to lower the monthly membership fee (d) An airlines company is considering to lower holiday packages
Last Answer : (c) A health club is considering to lower the monthly membership fee
Description : What are common ways of financing for a home in the 300,000 range?
Last Answer : answer:Here's a mortgage calculator. You cannot finance a home if you don't purchase it. When you buy a house, customarily, you put some money in for a down payment. Then you borrow the rest at a ... you can ask your wife this question? Surely you are not as naive as you sometimes claim to be here?
Description : What is the benefit to companies which pay bi monthly vs every two weeks?
Last Answer : Is 2 times a month not 2 weeks?
Description : Hi, my question is when you get paid bi-monthly and one week has overtime and the other is less than 40 about 37hrs. does the week that has overtime go to the non overtime week, or should you get overtime for the one week this is a big question @ our pla?
Last Answer : FLSA law says that a week is 40 hours. If you worked more than 40 hours that week, anything over the 40 is overtime even if you worked only 37 the following week.
Description : For online payments, is it better to do it through my bank instead of using the payee's online payment system?
Last Answer : I use my bank's ez pay system. It's worked great for me for years. In the past our company ran into a problem with a credit card processing vendor who initiated a BS withdrawal from our bank (we ... them to submit a bill to your bank and the bank will pay the amount submitted if you set that up.
Description : If your spouse dies...but you had a mortgage together...do mortgage companies have anything to help you out with payments?
Last Answer : Uhmmm, no.You may be able to negotiate to extend the term or change interest rate, but that is not automatic.
Description : How much is the iPhone 4 S monthly?
Last Answer : It would depend on what company and data plan you go with.
Description : Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?
Last Answer : You were probably not the only one who was scammed. Often, they just don't pay the company where they charge was made, and sometimes they eat it. I cancelled a hotel reservation and was still charged ... for me I would cancel my credit card. American Express chose to eat it and keep a good customer.
Description : What do you think would be a fair percentage to pay in service charges and fees over and above the face value of a concert ticket?
Last Answer : I think if I were competing with Ticketmaster, I'd take a percentage of the sale price. The venue says The ticket price should be $40 ; the sales agent (the new Ticketmaster) charges $40 to the end ... of the ticket. Then the sales agent takes 10% or whatever, and hands the rest on to the venue.
Description : What company has low interest on credit card payments?
Last Answer : Most major credit card's annual percentage rate are about the same. I would stick with either Visa or MasterCard. I would also advice that you stay away from store cards as their interest rates tend to be higher.
Description : A person has worked as a programmer in a company ; But the company did not pay its dues ; In that case, he can sell some of the company's programs to earn his own money ? I used to work ... I can sell it and get halal profit. These programs include some of the ones I developed during my tenure.
Last Answer : If someone works as a programmer in a company then the programs will be owned by the company. He can claim his unjust rights ; That is by mentioning his name in the program. If the company does not ... a person who has been able to acquire something similar to his debt ; If not similar, then not.
Description : Is it a bad idea to make two big purchases (monthly payments) at once?
Last Answer : Since the car is still running, why not do the apartment getting and settling in first and then see how you make out before buying a new car?
Description : Typical down payment and monthly payments on a used truck?
Last Answer : answer:Rule of thumb if I recall correctly is $20 a month payment for every $1000 total principle. This is assuming an average interest rate (like 3-6% range). If your interest is higher, your monthly ... CU offered me an interest rate around 5%. My payments were going to be in the $180-$220 range.
Description : Does anyone know an order catalog that I can purchase real gold jewelery from that allows you to make low monthly payments?
Last Answer : You could get a charge account at Macy’s and buy jewelry from them, or go to a local jeweler and put jewelry on layaway if you can’t afford to buy it outright.
Description : Need a new car no co payer no down payment. Can just afford monthly payments what do I do?
Last Answer : Never purchase anything over time if you can only “just afford the monthly payments”. You are only one “emergency” away from suddenly not being able to make those payments. A lot of us have had to learn this the hard way.
Description : Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do ... tranfers even though its my money and it has no obligation to X. What's the law on this?
Last Answer : answer:Hmm, I suppose you're from USA. Don't know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed eventually. But ... what you can't do with you money. I'd threaten them I'm gonna change the bank or smthng.
Description : How much down and what are your monthly payments ?
Last Answer : How much down and what are your monthly payments
Description : In general, how are monthly car loan payments figured out?
Last Answer : Monthly car loan paymnts are calculated by adding the interest to the balance and diviing it into equal payments for a set time frame. You can find a car loan calcultor at www.Edmunds.com.
Description : i have 400,000 in lump sum retirement, how much can i expect in monthly payments. I and my wife are 67?
Last Answer : What you are paid monthly will depend on your agreement on how many years it will be paid out over.
Description : We own deeded timeshare property in Florida and South Carolina with Wyndham. We can no longer afford to pay the monthly payments. What options do we have so we do not lose any more of the money already invested into the property?
Last Answer : you might want to sell it as fast as possible
Description : How do I calculate my monthly car payments for it?
Last Answer : This is a very good website to calculate the monthly car payments: http://autos.aol.com/calculators/car-payment-calculator/ or http://www.carmax.com/enus/car-payment-estimates-calculator/default.html
Description : Bi-weekly Auto Loan Calculator?
Last Answer : Bi-weekly Auto Loan CalculatorThis calculator shows you possible savings by using anaccelerated bi-weekly auto loan payment. Bi-weekly paymentsaccelerate your auto loan payoff by paying 1/2 of your ... thousands of dollars in interest. Click on the "ViewReport" button to see your savings!
Description : can I get internet service without a phone line, and how much will it cost on a monthly basis.�
Last Answer : “can I get internet service without a phone line, and how much will it cost on a monthly basis.â€â€
Description : How to Choose an Auto Financing Option?
Last Answer : If you are in the market to purchase a new or used car, you might not have the cash on hand to pay for the vehicle up front. It is perfectly normal and acceptable to look for an auto financing ... 't settle for a high interest rate or down payment; instead, look for terms that are suitable for you.
Description : How much is Too much (in terms of auto payment)
Last Answer : Btw, I know what “interest” is. I just don’t get how they could all of a sudden increase it…
Description : Which of the following statements concerning nickel-cadmium batteries is true? A. When mixing electrolyte always add acid to the water. B. Nickel-cadmium batteries can be charged and ... The electrolyte of an idle nickel-cadmium battery must be replaced monthly to maintain battery condition.
Last Answer : Answer: C
Description : Mark the correct option: a) Surface mail items received from any country for delivery in India may be redirected to any place within India. b) First class mail surcharge or un surcharged are eligible ... by the surface mail without any charge for the redirection. d) All of the above are correct
Last Answer : d) All of the above are correct
Description : After an auditor had been engaged to perform the first audit for a nonpublic entity, the client requested to change the engagement to a review. In which of the following situations would ... determined that an unqualified opinion was warranted, but there was a disagreement concerning the audit fee.
Last Answer : The client's bank required an audit before committing to a loan, but the client subsequently acquired alternative financing.
Description : Buying a company's accounts receivable on a nonrecourse basis is known as _____. A. switch trading B. financing C. factoring D. funding E. free trade
Last Answer : C. factoring
Description : Would refinancing my auto loan be a good idea if I can not afford the payments/?
Last Answer : Refi of an auto loan can help to lower montly payments. You can get a lower rate if you refi with a lower interest rate.
Description : I had filed for bankruptcy 2yrs ago and it was dismissed. I have a zero balance on a auto loan that shows on my credit report. Do I still have to make my car payments?
Last Answer : If you reaffirmed your car loan during your bankruptcy, you agreed to continue making the payments. If you included your car in the bankruptcy, then the loan was wiped clean, as it appears to have ... the lawyer who handled your bankruptcy, but my guess is that your car slipped through the cracks.
Description : Interest paid by the government on the loans raised is called - (1) Debt Servicing (2) Deficit Financing (3) Discounted Budgeting (4) Bridge-loan
Last Answer : (1) Debt Servicing Explanation: Debt service is the amount of money required to make payments on the principal and interest on outstanding loans, the interest on bonds. or the principal of maturing bonds. An ... or company unable to make such payments is said to be "unable to service one's debt."
Description : Debt financing is a cheaper source of finance because of A. Time value of Money B. Rate of Interest C. Tax deductibility of Interest D. Dividends not payable to lenders.
Last Answer : C. Tax deductibility of Interest
Description : In the case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from A. Operating activities B. Financing activities C. Investing activities D. None of the above
Last Answer : A. Operating activities
Description : When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________. A. Operating activities, financing activities B. ... activities, investing activities C. Investing activities, operating activities D. None of the above
Last Answer : B. Financing activities, investing activities
Description : Cash flow from financing activities include payment of interest on borrowing and___ to share holders a) Dividend b) Interest c) Bonus d) Bonus shares
Last Answer : a) Dividend
Description : Interest paid by the government on the loans raised is called (1) Debt Servicing (2) Deficit Financing (3) Discounted Budgeting (4) Bridge-loan
Last Answer : Debt Servicing
Description : Is there a benefit to making a principle only payment on a simple interest loan?
Last Answer : Paying extra principle will reduce your interest costs. Sometimes the reduction is in the next payment, but there is always a reduction at the end.
Description : Could someone explain very simply what negative interest rates are?
Last Answer : answer:Normally, when you have a savings account, interest causes your balance to increase over time. Negative interest means your balance decreases. So, negative interest applied to normal people means that ... to borrow money. Of course, that would never be applied to normal people taking loans.
Description : Compound interest question?
Last Answer : Most payment schedule pay both interest and principal each month. I’ve never heard of compounding principal. I have a couple of amortization formulas in the office.
Description : If you borrow the very first dollar into existence, but promise to pay it back with another dollars worth of interest, where do you get the second dollar? How do you pay it off?
Last Answer : By making more debt from another party. The entirety of today’s economy is based on creating more and more debt. Because of interest, you have to create more debt, there is no way around it, and this cumulative debt grows and grows, until the entire house of cards invariably collapses.
Description : Why would corporations offer bonds that pay 5 to 6% interest?
Last Answer : some do because they need to borrow more than the banks are willing to loan.
Description : Is anyone here knowledgeable about Variable Rate Demand Notes? (Floating Rate Demand Notes) - they seem to pay attractive interest, but are not regulated or insured.
Last Answer : If you are comfortable with the company, it is probably a good investment. Depends on how much money you are talking about. Is it long term money or short term money. If long term, ... fixed annuities. (NOT VARIABLE ANNUITIES). Despite the similarity in name, they are very very different products.