04/04/19
In double entry accounting, how do I enter a loan?
I have taken an accounting course several years ago, but I'm a little rusty. I'm using GnuCash, double entry accounting software.
I have a loan from a friend, so no interest. I have paid about...
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04/04/19
In double-entry book keeping, how should I track planned expenses?
So, I'm working on getting a bit better at managing my household finances and am currently working to learn double-entry bookkeeping.
One thing I need to separate out and track a little better is...
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03/16/19
How to represent "out of pocket" purchases in general ledger journal entry?
If you use personal money to pay for expenses (advertising, equipmemt), how do you represent this in a journal entry? Normally, if the money was coming from the business, you would just decrease...
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03/15/19
Excel - Formula is guessing wrong in Fill Down command?
I know this should be simple but I can't work it out.
I have a column that is calculated with the sum of the 3 columns to the left of it. E.g. SUM(C1-C3).
When I fill that down, each cell...
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03/07/19
Accounting FIFO
In its first month of operation, Ivanhoe Company purchased 320 units of inventory for $5, then 420 units for $6, and finally 360 units for $7. At the end of the month, 400 units remained.Compute...
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02/12/19
The sum of two numbers is 21 the kargeer numbers is 6 less than twice the smaller number. FInd the two numbers
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