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Education

Expert insights and detailed technical documentation about Education.

education

Do charities need to be audited?

The trustees of charities with gross incomes of more than £1 million (or more than £250,000 and with gross assets of more than £3.26 million) must arrange...

Jan 04, 2026 1 views
education

What type of account is repair expense?

Account Types Account Type Credit REPAIR EXPENSE Expense Decrease RETAINED EARNINGS Equity Increase RETIREMENT CONTRIBUTION PAYABLE Liability Increase REV...

Jan 04, 2026 0 views
education

Where do I mail 1096 form to IRS?

If your legal residence or principal place of business is outside the United States, file with the Internal Revenue Service, Austin Submission Processing ...

Jan 04, 2026 0 views
education

What type of promotion is free samples?

Do you like free samples? Most people do. A sample is a sales promotion in which a small amount of a product that is for sale is given to consumers to try...

Jan 03, 2026 0 views
education

Are notes receivable assets or liabilities?

A notes receivable normally requires the debtor to pay interest and extends for time periods of 30 days or longer. Notes receivable are considered current...

Jan 03, 2026 0 views
education

What is an operating lease vs capital lease?

The capital lease requires a renter to book assets and liabilities associated with the lease if the rental contract meets specific requirements. In essenc...

Jan 03, 2026 0 views