So this post is not for those who oppose this method.My question is when I have an item that is not fully depreciated but becomes obsolete (broken microwave) I have done a journal entry to move the remaining depreciation of the item into a repairs expense account.Do you feel that is the correct procedure?

The first line of the journal entry is a credit because you are taking the money out.The second line is your expense account because you are putting the money in. 

If there's a phone call or text, I log it as a journal entry, which is also attached to the contact file.

Mathew, look around Journal SQ area.

Interesting article about Google dealing with housing for employees. I work for a large company that decided to buy a hotel in our corporate town for people coming in for training. After a few years realized a lot ch...

http://www.newsweek.com/id/200015 http://www.portfolio.com/business-news/2009/03/03/Formula-That-Killed-Wall-Street Mathematician, actuary and statistician are the top jobs according to Wall Street Journal. http://online.wsj.com/article/SB123119236117055127.html Soapbox: Please note that most of the "Best Jobs" are exportable and most of the "Worst Jobs" are not exportable.

The Wall Street Journal and USA (Obama) Today have two optimistic articles.

Just listened to the most recent podcast and the guest mentioned subscribing to your local business journal.

good point however the recent wall street journal said how banks got into this and their defaults are rising.But you are correct - everybody has loaned on cars.So the question  remains what are the banks throwing into these newly entitled CDO's?

You might do a general journal entry to be sure you are debiting and crediting the appropriate accounts against the cash that theoretically came in and went out.