The correct answer to go in the blank would be ''Deadlock''.
Managerial accountants provide managers within the organization with reports to make good business decisions.
<h3>Who are Managerial accountants?</h3>
They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.
They also hep perform various task that is associated with the account.
Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.
Learn more on managerial accounting here,
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Answer:
$33,850.00
Explanation:
The computation of the Adjusted gross income (AGI) is shown below:
= Wages + bank interest + lottery price - standard deduction
= $34,500 + $275 + $325 - $1,250
= $33,850
The standard deduction is a contribution to her traditional IRA. All other items which are given in the question are not relevant. Hence, we ignored it
Answer:
Hotel Co. should record the gross transaction fee and not only the net amount it receives from Expedia.
Explanation:
The revenue that Hotel Co. should account for in its books includes the gross transaction fee, while the collection expense that is withheld by Expedia is recorded as an expense or cost. This method ensures that the revenue due to the Hotel Co. is actually accounted for while the collection expense by Expedia is also separately accounted for. This will enable comparison with another hotel that does not use Expedia for its collection, for example.
