Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
I have basic questions on accounting (Journal Entries) for
I have basic questions on accounting (Journal Entries) for the various items in an asset purchase. … read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
I need help entering in 3rd party payroll into quickbooks
i need help entering in 3rd party payroll into quickbooks online and balancing to the bank withdrawal … read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
214 satisfied customers
I need help with journal entries you think you can help? I
I need help with journal entries you think you can help? … read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
It is not a tax question. It is hard to explain, but I've
It is hard to explain, but I've been trying to figure this out for a while. Our employees have $5 deducted from each check for a House Fund. Our volunteers (fire department) do not have anything deducted from their checks because they just receive mileage reimbursement and are listed as vendors instead of employees. I withhold $5.00 from their checks also. I need to put this money into the same place as the employee's house fund. If I do a general journal entry, then I cannot get my reconciliation for the account to balance unless I do not check off the House Fund transactions. If I do not check it off, then it continues to carry over as unreconciled transactions. What can I do to fix this? … read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
871 satisfied customers
I am trying to convert from accrual basis to cash basis for
I am trying to convert from accrual basis to cash basis for a construction company. Please see below... Cost in excess of basis - Asset - $ 300,00.00 Journal entry - Sales - Debit - $ 300,00.00 Asset … read more
Pateel Papazian
Pateel Papazian
Financial Trainer and Consultant
Master's Degree
13 satisfied customers
I am very stressed out! I bought an art gallery two years
Hi, I am very stressed out! I bought an art gallery two years ago and had never owned a business before. My past CPA never explained Quickbooks to me and I had to figure everything out on my own. My o… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,328 satisfied customers
I am trying to make a journal entry for a refinanced
I am trying to make a journal entry for a refinanced commercial mortgage. The old loan was paid off and a new loan with separate bank was created. However the old loan was never recorded on the balanc… read more
PDtax
PDtax
Owner
Master's Degree
4,290 satisfied customers
What should the end of financial year journal entries be off
What should the end of financial year journal entries be for closing off payroll when using a separate payroll program when you are working under accruals? ie weekly I debit Wages & Salararies as well… read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,614 satisfied customers
In my chart of accounts I have an account that is a fixed asset
In my chart of accounts I have an account that is a fixed asset called equipment capital lease. the amount is 238000.00. What do I do with it if all my equipment got repossesd?… read more
WebCPA
WebCPA
Manager
Bachelor's Degree
105 satisfied customers
Your father runs a small auto body shop. He has decided to
Your father runs a small auto body shop. He has decided to computerize his records and has asked you to explain the basics of accounting to him so that he can enter the data into his accounting softwa… read more
Dave CPA
Dave CPA
Master's Degree
740 satisfied customers
1) Describe the 4 types of adjusting entries and provide a
1) Describe the 4 types of adjusting entries and provide a manufacturing (mfg.) industry example of each. 2) Explain why adjusting entries are necessary. 3) Describe how these entries would be recorde… read more
Karla
Karla
Master's Degree
139 satisfied customers
Can you please recommend ways to reverse and reclass journal
Can you please recommend ways to reverse and reclass journal entries processed (over 200 entries booked) - inception to date totals going back to 2005. I would have to transfer these totals from one G… read more
Karla
Karla
Master's Degree
139 satisfied customers
My journal and my adjusted entries balance up...When entering
My journal and my adjusted entries balance up...When entering into my general ledger and doing the trial balance it doesn't balance. Need some assistance! It shouldn't take a professional long at all … read more
Taxtom
Taxtom
Accountant
Bachelor's Degree
1,305 satisfied customers
For RD only. Hello, I have cost accounting assignment,
For RD only. Hello, I have cost accounting assignment, would you be able to do that? If yes, I will email the file [email protected] Thanks a lot… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
BusinessTutor Only Need help with the Continuing Cookie
BusinessTutor Only: Need help with the Continuing Cookie Chronicle, located on page 150-151 of Financial Accounting: Tools for Business Decision Making by Kimmel, Weygandt, and Kieso. I have tried to … read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
List the following steps of the accounting cycle in their proper
List the following steps of the accounting cycle in their proper order: a. Preparing the post-closing trial balance. b. Posting the journal entries. c. Journalizing and posting adjusting entries. d. P… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
The note payable is a 3-month, 10% note dated January ...
The note payable is a 3-month, 10% note dated January 1, 2005 (10% annual) how do I journalize this in a general journal?… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
The general journal is the book of original entry but how ...
The general journal is the book of original entry but how does recording in the journal improve the audit trail? What are the differeences between the journal and ledger?… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x