Does Medicaid pay for home health?
Medicaid State Plans (Regular Medicaid) in most states, but not all, will pay for home care in the form of Personal Care Services (PCS) or Personal Attend...
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What is a trial balance and what is it used for?
A trial balance is a worksheet with two columns, one for debits and one for credits, that ensures a company’s bookkeeping is mathematically correct. Why d...
Do you have to report cash gifts to foreign citizens?
Making cash gifts to foreign citizens Gifts to foreign citizens are subject to the same rules governing any gift that a U.S. citizen makes. If a gift exce...
Are sales a debit or credit?
Sales are recorded as a credit because the offsetting side of the journal entry is a debit – usually to either the cash or accounts receivable account. In...
How can you impact variable cost?
A change in demand affects your sales and impacts your variable costs. As your sales grow, your variable costs increase. As your sales fall, your variable...
What is F4 key used for?
Open the address bar in the Internet Explorer and the Windows Explorer. Alt+F4 closes program window currently active in the Microsoft Windows. Ctrl+F4 cl...
What is taxable basis?
Basis is generally the amount of your capital investment in property for tax purposes. Use your basis to figure depreciation, amortization, depletion, cas...
Where do accounts receivable go in the income statement?
This amount appears in the top line of the income statement. The balance in the accounts receivable account is comprised of all unpaid receivables. This t...
How do I open an Excel 2007 File in Excel 2003?
If the computer you are using has Excel 2003 installed then you are in luck. You can just download and install the Microsoft Office Compatibility Pack whi...
Are unsold goods considered inventory?
Inventory carrying cost is the total of all expenses related to storing unsold goods. The total includes intangibles like depreciation and lost opportunit...
