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  • Is office supplies an asset or expense?

    Asked by unknown
    1 Answers
    The supplies that have been used during the accounting period should be reported in the income statement account Supplies Expense. Basically, supplies are assets until they are used. When they are used, they become an expense.
  • What happens if one has a bad credit history?

    Asked by unknown
    1 Answers
    Having a poor credit history or a low credit score can seriously impact you financially. One thing that can happen is you could be denied a line of credit. A low credit score indicates to lenders that you are a high-risk borrower and they may not be willing to lend you money.
  • Are property taxes public record?

    Asked by unknown
    1 Answers
    The county tax assessor appraises and determines property taxes for all real property in a county. The assessors' databases are available online, free of charge to anyone wanting to research property tax records. Available records include the taxpayer's name and address, the property's value and taxes paid and due.