Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
A small business balance sheet question. I have more than
A small business balance sheet question. I have more than $300,000 in machinery and equipment, all totally depreciated by time and section 179. if on a balance sheet I list the value, less accumulated… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,339 satisfied customers
Not a tax question.... looking for someone that knows
Hi, not a tax question.... looking for someone that knows Quickbooks 2015 Pro that can help me figure out how to post YE JE's from CPA. … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,339 satisfied customers
I am trying to prepare a balance sheet. I am confused with
I am trying to prepare a balance sheet. I am confused with Capital Stock, Retained Earnings and Paid Dividends. I can provide all details… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,339 satisfied customers
We did a lease to buy on an equipment through a bank and I'm
We did a lease to buy on an equipment through a bank and I'm wondering how we would list this out in QBO for the Chart of Accounts/ Classifications.The bank takes an ACH every month for the repayment … read more
Emilee Weaver
Emilee Weaver
Controller
Masters of Professional Accounting
92 satisfied customers
This is in regard to an initial year tax return LLC that
This is in regard to an initial year tax return for an LLC that elected to be taxed as an S-Corp. The LLC was taxed as a disregarded entity prior to the S-Corp election. I'm trying to figure out the b… read more
DanielleCPA
DanielleCPA
Certified Public Accountant
Bachelor's Degree
629 satisfied customers
Trying to close an s corp :-) stuck on the Capital Stock
stuck on the Capital Stock ($6,000) and Retained Earnings Liquidating distribution where do you show that when zero out Balance Sheet … read more
Stephen G.
Stephen G.
Sr Financial Expert
7,541 satisfied customers
Is there an exhaustive list on what are considered Off
Is there an exhaustive list on what are considered Off Balance Sheet liabilities according to GAAP? I understand Operating leases are but what about others. Can a PO be considered as such or is there … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,794 satisfied customers
I am working on an accounting assignment, having a hard time
I am working on an accounting assignment, having a hard time woith it. I am given specific information to put into an Income statement, retained earnings statement and balance sheet. my numbers arent … read more
Jason M. Tyra, CPA
Jason M. Tyra, CPA
Principal
Master's Degree
168 satisfied customers
BUSINESS OWNER AND DOING MY YEAR END REVIEW PROCESS I WAS
i AM A BUSINESS OWNER AND DOING MY YEAR END REVIEW PROCESS I WAS REVIEWING MY FINANCIAL STATEMENTS. I BELIEVE THAT THERE WERE SOME INTRA COMPANY TRANSACTIONS THAT WERE BOOKED TO THE BALANCE SHEET, WHE… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,794 satisfied customers
I have several long term loans setup in Quickbooks 2013 but
I have several long term loans setup in Quickbooks 2013 but when I run the balance sheet for 12-31-2014 it doesn't show the current interest portion? It does have transactions posted 1-4-2014. What am… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,794 satisfied customers
I cannot get my projected balance sheet to work... Assets
I cannot get my projected balance sheet to work... Assets YEAR 1: $ 1,638,145 YEAR 2 $ 530,721 YEAR3 $ 639,953 YEAR 4$1,530,941 YEAR 5 $ 3,535,264 Liabilities YEAR 1 $ 26,564 YEAR 2 $ 283,023 YEAR 3 $… read more
PDtax
PDtax
Owner
Master's Degree
4,304 satisfied customers
Which of the following statements is correct? Assets on the
Which of the following statements is correct? Assets on the balance sheet include retained earnings. Retained earnings include contributed capital. The balance sheet equation states that assets equal … read more
FloridaCPA1
FloridaCPA1
Master's Degree
42 satisfied customers
I have a small business that went from manufacturing our product
I have a small business that went from manufacturing our product to outsourcing the manufacturing last year. In the process, we sold much of the manufacturing equipment we had, but we were not able to… read more
R. Klein, EA
R. Klein, EA
Accountant
Master's Degree
480 satisfied customers
I am purchasing a piece of equipment for $77k; and the vendor
I am purchasing a piece of equipment for $77k; and the vendor has agreed to give a $35k purchase discount immediately, then $25k beginning year 2 and $20k beginning year 3 (basically free since I will… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
1. The heading of the worksheet should appear as A. Platt
1. The heading of the worksheet should appear as A. Platt Hardware Store May 31, 20— Worksheet B. Worksheet Platt Hardware Store For the period ending May 31, 20— C. Platt Hardware Store Worksheet For… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
Hi, I need some assistance. I have no clue how to write a
Hi, I need some assistance. I have no clue how to write a financial plan? Do you have any examples of what a financial plan looks like? I have to prepare a three year and monthly cash flow analysis fo… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
is there a simple method of how to read a financial balance
is there a simple method of how to read a financial balance sheet quickly? I understand that there may be a 'traffic light'system… read more
James Heal
James Heal
Bachelor's Degree
495 satisfied customers
I am the loan shareholder of a C-corp. I recently purchase ...
I am the loan shareholder of a C-corp. I recently purchase a building and some equipment. I could not get a loan through my business credit, so I used my personal credit to acquire the loans. Can I pl… read more
Wayne Brasch
Wayne Brasch
Accountant and Business Consultant
Master Degree
718 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

2,609 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