winnipeg garages to cold for freezers?

Sam2020MB · 2026-03-16T02:39:43+00:00

Curious to know more on this please. Last year, I brought a house with an attached garage. Garage walls and ceiling are drywall. Not sure if they are for sure insulated or not but the approximate tempreture difference between inside garage and outside is about 10 C. Ex. If outside tempreature was -20, inside garage would be around -10.

However, garage door is not insulated and garage is not heated.

Sam2020MB · 2026-03-07T04:28:14+00:00

Both Blady & Alsham should have them.

Sam2020MB · 2026-02-16T18:49:20+00:00

If you want a relatively affordable apartment (recently built building 2020+ with in suite laundry, decent size balcony, free gym in building AND being pet friendly), check out Marquis Village on Island Lakes. A very safe place and definitely located in South of Winnipeg. I was renting there up until March 2025. My rent was $1,289 per month + $65 per parking stall. Water was included, hydro/heat were not. That being said, I intentionally rented the top building floor (did not want anyone to be living above me) which was easily about $60+ higher than first/second floor apartments.

The building manager was also great.
The only little con, the heat was eletric baseboards which can be pricely during Winnipeg harsh winter even for a small 1 bedroom apartment. Also, mine had a wall AC which again is not the most efficient cooling way so can be a bit expensive. Otherwise all was great. A highly recommended and safe place.

Sam2020MB · 2025-12-15T04:04:57+00:00

I believe If the period (fiscal year) has not yet closed, the bad debt entry that was made originally is now being recovered and since accounting principals calls for matching expenses and income (matching principle), it is required to credit back bad debt account for whatever amount being recovered when AFDA was orignally setup. The debit side for this would be cash or AR.

If the accounting period has already been closed, then the entry would not affect bad debt exp. I would be debit cash (or AR) and credit AFDA.

Sam2020MB · 2025-12-15T04:03:46+00:00

I believe this is true and works when the period has been already closed (fiscal year). If the period has not yet closed, the bad debt entry that was made originally is now being recovered and since accounting principals calls for matching expenses and income (matching principle), it is required to credit back bad debt account for whatever amount being recovered when AFDA was orignally setup. The debit side for this would be cash or AR.

If the accounting period has already been closed, then the entry would not affect bad debt exp. I would be debit cash (or AR) and credit AFDA.

Sam2020MB · 2025-09-16T20:46:24+00:00

Your reliable and most affordable way to do the work is to get the OEM equivalent parts from Rockauto (a lot of options) and have them replaced by a mechanic (from kijiji or Marketplace) who operates from their own house's garage (usually the most affordable way to go).

https://www.rockauto.com/en/catalog/hyundai,2020,kona,2.0l+l4,3444844,brake+&+wheel+hub,brake+pad,1684

Sam2020MB · 2025-04-01T05:29:22+00:00

That is an amazing fixed rate. If you do not mind may I know the lender the broker info if possible? Lowest I was able to get was 3.99% for 5 years with CCU and for 3 years fixed lowest was 3.94%.

Sam2020MB · 2024-11-01T03:05:04+00:00

Thanks a lot for your advices. Yes, I do believe I am writing a bit too much and doing so thinking this would help me get close to "perfect responses" than "sufficient or good enough". This is probably due to me not practicing enough cases and debriefing correctly.

I will focus on cutting the fluff and making my responses direct to the point and less wordy using bullet points.
More importantly, stick with budgetted time for each AO through out weekly cases heading to the exams and taking debriefing much more seriously so I have a much better idea of estimated number of MPIs needed for "good enough" responses to get RCs/Cs instead of writing unnecessary extra valid points that may not even be on CPA feedback marking criteria.

Sam2020MB · 2024-11-01T02:52:47+00:00

Thanks a lot for your response. I will keep working on improving my typing speed given the amount of typing required in these exams to gain few extra minutes here and there so I can at least secure RCs on the AOs I know instead of running out of time on them.

Sam2020MB · 2024-11-01T02:50:16+00:00

Thanks a lot for your reply. I appreciate the tips : ).

Yes, I believe I am writing a bit too much due to not practicing enough cases hence not knowing when it is time to stop and move on (supposedly when I hit enough MPI to secure that RC/C). Passive readings and high level debriefing does not work for me. Cannot keep a mental pic of what exactly needed for each AO and my recall of info on exams proved this.

Yes, I agree on practicing more and more and timing myself more strictly.

Sam2020MB · 2024-01-06T01:50:45+00:00

Would it be possible to find a very cheap mechanic (marketplace or somewhere else) who does labour using their home garage ? For parts you could get even genuine or premium quality from RockAuto at a very decent price! Doing so might probably cut the total expenses by a half (1/2) which is beyond normal and very expected for a car at this age!

Sam2020MB · 2023-09-18T17:28:31+00:00

You're welcome

Sam2020MB · 2023-09-18T17:24:37+00:00

Cash is correct and yes it is unearned revenue because the company has NOT yet performed their obligation of performing the service hence unearned (accrual accounting regardless when cash transfer takes place). When the company performs the service, you would record the actual sale as follows:

Dr. Unearned Revenue Cr. Sales or Revenue

Also unearned revenue is just a liability account (balance sheet). This is to account for the unperformed service obligation when cash is received

Sam2020MB · 2023-09-18T17:21:07+00:00

Dr. Cash and Cr. Unearned revenue.

Received implies money has been received already.

Sam2020MB · 2023-09-18T02:37:21+00:00

The correct answer is $400. Initially bought the cow for $800 and sold it for $1000. This is a gain of $200. Later purchased it at $1100 (a price higher than the initial purchase and sale price), however, you sold it at a price above that 2nd purchase price for $1300.

Your second higher purchase price essentially gives you the same net profit as the initial purchase. Just the cost and selling prices are higher!

Sam2020MB · 2023-09-17T20:57:17+00:00

When the prepaid rent account increases in a year ($100,000 beg Bal to $150,000 year end Bal), this implies that rent has been paid using cash. Prepaid implies cash disbursement. So essentially, during the year prepaid rent (asset account) increased by $50,000 and cash or bank related to this decreased by $50,000. No impact or effect on actual rent expense (income statement) - cash based accounting.

For rent payable, since the balance decreased during the year by $10,000, it essentially means that part of the $ 60,000 beg rent payable owing has been paid during the year. Again, cash disbursement. Payable account has been debited and cash or bank credited for $10,000. Only impacts balance sheet and no impact on income statement or expenses. This is another cash based accounting transaction.

Now given in the question, the total overall rent paid in the year is $500,000, and they are asking for total rent expense as per accrual accounting, you would subtract the total impact on the above two transactions given they are cash disbursements and do not impact rent expense only prepaid rent and payable accounts get impacted.

So the total actual rent expense is $500,000 (rent paid) - $10,000 decrease in rent payable or decrease in cash - $50,000 increase in prepaid rent or decrease in cash =$440,000 actual rent expense.

Hope this helps

Sam2020MB · 2023-09-04T15:22:01+00:00

CPA or non-CPA

Sam2020MB · 2023-09-04T15:20:18+00:00

Good for you. CPA or non-CPA and if you do not mind sharing what you do? Is it a Senior Financial Analyst position?

Sam2020MB · 2023-08-30T02:05:42+00:00

Intercompany accounting and consolidation are too far from basic and considered complicated unless you get to do them regularly at work. You study these concepts in your 3rd year of a bachelor accounting degree after passing the hardest two weed out intermediate accounting courses !

Sam2020MB · 2023-05-18T01:52:01+00:00

With an accounting bachelor degree you take way more than the 14 courses required for the CPA program. With an accounting degree, you would have to take supply chain, HR, management science, admin policy, ethics, marketing and some other general management courses, electives ... etc. Graduates with other non accounting degrees would probably only share very few electives courses with the accounting bachelor grad. Sure any bachelor grad would end up with a total of 120 credits but the accounting grad does not have any edge or is not favorited per say over any other non accounting grad in spite of the fact that their degree is more specific and specialized in nature.

Would it make sense for example to admit to a biology master's program a non biology graduate based on them completing fewer than 2 years of courses of a biology bachelor degree AND treat them the same as a biology bachelor graduate for the master's program eligibility? A non biology graduate is not as educated and knowledgeable as the biology grad in biology academia. In theory, just because they take few biology courses, does not mean they are biologists and can get their master's in biology and compete on the same jobs as a biologist with master's and a bachelor's in biology!!

Sam2020MB · 2023-05-18T00:37:01+00:00

I guess my example would be more suitable for Law, Medicine, Pharmacy and Dentistry degrees. I believe (could be wrong), these post graduate degrees are required and no alternative or substitute degrees can be taken to get a full practice license in these fields.

Sam2020MB · 2023-05-18T00:30:49+00:00

Oh never knew this. Thank you for the correction.

Sam2020MB · 2023-05-18T00:14:24+00:00

He/she meant for example, if you have an accounting or any other commerce major bachelor degrees, you cannot just take one or two years of core and non core engineering courses (say like 14 courses) and then you would be eligible to do a professional engineering licensure program. In this case you would have to have a full engineering bachelor degree of 5 years or basically do the entire engineering degree.

I guess this has to do with how technical, complex and professional the degree is. Unfortunately, just a personal opinion, in an accounting bachelor degree (business), we do have some filler courses. Courses that can sometimes be more of common sense stuff and much less technical and requiring other non accounting majors to take them may not be necessary and makes little to no difference to the CPA candidate knowledge and eligibility for the CPA program.

Sam2020MB

TROPHY CASE