To use the rates, simply multiply the standard mileage rates by the number of miles traveled. If you use your car for business and personal use, you’ll want to keep appropriate records and back out the cost of personal travel. See Per Diem and Car Allowances, earlier,…
Instead, purchases are a part of a company’s part of sales and the direct expense for revenues. The account Purchases Returns is a general ledger account that will have a credit balance (or no balance). Its credit balance will offset the debit balance in the Purchases account.…
It’s evolved into the most feature-rich personal finance application available today. Quicken Deluxe for Windows is desktop software with a companion app that shows you the financial information you need while away from your computer. The software earns its annual subscription fee by supporting every element of…
