October 23, 2008
Publisher's Note
Thirteen hours of video is loaded onto YouTube every single minute. That's amazing. Has your firm used YouTube for marketing purposes? Have you put your seminars out there? Introduced a new niche via video? Released a series of accounting tips? Many companies have had success in utilizing opportunities like YouTube. If you, your firm, or your company has a YouTube video out there that you would like the AccountingWEB audience to see, let me know.

No, video didn't kill the radio star.

Rob Nance
AccountingWEB, Inc.


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Acquisition Cost
What is included in the acquistion cost of a tangible asset such as equipment - discounts, repairs pursuit to purchase, other?
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Journal Entry
If the owner of the company is paying the Line of Credit from his personal savings, what would be the journal entry: debit LOC and credit Capital acct or debit LOC and credit drawing account?
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