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Stupid Questions Thread - /sqt/

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Stupid Questions Thread - /sqt/

Couldn't see one in the catalog so I'll start with my fucking retarded question:
What account does Revenue come from in Double-Entry Bookkeeping? If you've just got paid your wage, or sold merchandise, and you've added $5000 to your Revenue, what account am I removing $5000 from? My employer/customer?
>>
what i can do with 80 dollars on the internet or any other place?
>>
>>1395244
Sale of inventory on cash is just:
Dr cash
Dr COGS
Cr sales revenue
Cr inventory
>>
Can you get a safety deposit box that's not in your name, and if so, is it legal?

I just want to pay 10-30 years in advance, get a key and nothing else. Zero association with my name.
>>
>>1396857
What about for personal finance, receiving a wage, where there is no COGS or inventory, you're just receiving a pay-check from an employer?
>>
>>1396872
Then it's a cash sale for services
Dr cash
Cr service revenue
>>
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>>1396878
I'm retarded, thanks for that.
>>
Futures trading. Learning the bare minimum I need to actually trade. Where should I go? The Udemy course doesn't work for this. I don't know what "CL 3-15" or whatever is supposed to mean for instance, and Ninjatrader charts aren't loading properly.
>>
>>1398353
I decided on E-Mini S&P 500 for a market, I guess, and trying to learn Ninjatrader on the software side. I'm gonna sleep right now, but what should I look at to make my life easier?
Thread posts: 9
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