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2 years ago

Generally accepted accounting principles require that companies use the ____ of accounting.

Business

1 answer:

White raven [17]2 years ago

3 0

Answer:accrual basis

Explanation: the need the truth on the accounting princess so it has to be to accrual basis

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Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Roun

AURORKA [14]

Answer:

FV of ordinary annuity:

$500 per year for 12 years at 6%.

FV = $500 x 16.870 (FV annuity factor, 6%, 12 periods) = $8,435

$250 per year for 6 years at 3%.

FV = $250 x 6.4684 (FV annuity factor, 3%, 6 periods) = $1,617.10

$800 per year for 2 years at 0%.

FV = $800 x 2 (FV annuity factor, 6%, 12 periods) = $1,600

FV of annuity due:

$500 per year for 12 years at 6%.

FV = $500 x 17.8821 (FV annuity due factor, 6%, 12 periods) = $8,941.05

$250 per year for 6 years at 3%.

FV = $250 x 6.6625 (FV annuity due factor, 3%, 6 periods) = $1,665.63

$800 per year for 2 years at 0%.

FV = $800 x 2 (FV annuity due factor, 6%, 12 periods) = $1,600

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3 years ago

Who is responsible for withholding the employees income tax?

7nadin3 [17]

Answer:

For the most part, the employer withholds these taxes on behalf of their employees, but in cases where an employer does not do this, or where an employee is self-employed, it is the responsibility of the employee to pay these withholding taxes

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3 years ago

Nathan works as an accountant for a mid-sized retail store. He has just completed a trial balance that resulted in no unexpected

faust18 [17]

Answer:

The next task for Nathan is likely to be:

Preparing the store's balance sheet.

Also to prepare other major financial statements.

Explanation:

Here, it is given that Nathan works as an accountant for a mid sized retail store. His tasks completed are a trial balance which has resulted in neither of the unexpected problems.

So, the next task for Nathan will be :

preparing the store's balance sheet.

Preparation of other major financial statements for the store.

The reports and all the major financial statements which are prepared by the accountants gives all the necessary informations that are used both in outside and the inside of the organisations for various decision making.

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4 years ago

What is the maximum number of bitcoins that will ever enter circulation?

Helen [10]

A pre-defined algorithm limits the total number of bitcoins such that quantities gradually approach a total of 21 million. The limit of 21 million bitcoins is "hard-wired" in to the protocol, and there will never be more bitcoins than this

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3 years ago

Ruth, a fema supervisor, has a side business selling cookware out of her home. can she sell any merchandise to her subordinates

Zanzabum

<span>No, Ruth may not sell in the office but may contact subordinates after hours.
As fema Supervisor, Ruth has the obligation to maintain overall Fema Operations during her work hour.
After she finished her shift on the other hand, Ruth has the right to conducting her own business.</span>

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3 years ago

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