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2 years ago

What are noncash investing and financing activities, and how are they recorded in QuickBooks Accountant?

1 answer:

5 0

QuickBooks Accountant visit the employer menu and pick Make trendy journal Entries, make certain your debits same our credit when we are done.

Some making an investment and financing sports occur with out producing or consuming coins. as an instance, a enterprise may trade not unusual inventory for land or gather a building in change for a word payable.Big noncash financing and making an investment sports are reported at the agency's earnings declaration.

Non-cash transactions are always recorded in the income statement, as they directly effect general internet income, however do now not impact coins go with the flow. subsequent, you may need to create a contra account for your device to preserve music of your monthly depreciation price.can also

A magazine access is a report of the business transactions in the accounting books of a business. A nicely documented magazine access includes an appropriate date, quantities to be debited and credited, description of the transaction and a unique reference number. A magazine access is the first step inside the accounting cycle.

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There are ___ different Bright Futures scholarships.

WARRIOR [948]

Bright futures funds three scholarships.

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3 years ago

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Give an example of a situation in which a surplus of a product led to decreased prices. similarity, give a example of a situatio

andrew11 [14]

Answer:

Give an example of a situation in which a surplus of a product led to decreased prices. similarity, give a example of a situation in which a shortage led to increased prices. what eventually happened in each case? why?

In the course of having surplus of a product which decreases the price, this happens as a result of high competition as there many people selling the same products which in turns leads to crash in price in order to make sales and little profit.

while product shortage or scarcity happens as a result of decrease in resources or decrease in supply, hence; results into scarcity of products which eventually aids increment of price

Explanation:

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3 years ago

Here are the comparative income statements of Ayayai Corp..

Georgia [21]

Answer:

Ayayai Corp.

Horizontal Analysis:

2020 Increase 2019

Net sales $632,600 $110,700 21.2% $521,900

Cost of goods sold 463,600 53,200 13.0% 410,400

Gross Profit 169,000 57,500 51.6% 111,500

Operating expenses 79,300 32,100 68.0% 47,200

Net income $ 89,700 25,400 39.5% $64,300

Explanation:

a) Data and Calculations:

AYAYAI CORP.

Comparative Income Statement For the Years Ended December 31

2020 2019

Net sales $632,600 $521,900

Cost of goods sold 463,600 410,400

Gross Profit 169,000 111,500

Operating expenses 79,300 47,200

Net income $ 89,700 $64,300

Percentage increase or decrease = (Increase/Decrease)/Base Year's Value

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3 years ago

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, decep

Flauer [41]

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, deceptive, and unethical. this is an example of issues related to Ethics in product strategy.

This is further explained below.

<h3>What is competitive pressure?</h3>

Generally, In most cases, the term "competitive pressure" refers to a circumstance in which a business is put under stress as a result of the presence of other businesses in its industry.

Typical examples of it may be found in all types of economies, with the exception of monopolistic economies.

The demand and supply dynamics of a certain market or sector are very important considerations for any business.

The concept of product ethics encompasses every aspect of a product, including the decisions made about its design and the use of technology.

Therefore, you should direct your development team to make judgments that are morally acceptable while they are creating and constructing the product.

It is important to discourage immoral activities such as the employment of dark patterns and to promote the use of technology that is peaceful.

In conclusion, Some businesses, in order to remain competitive in an increasingly cutthroat market, have resorted to dubious, misleading, dishonest, and immoral packaging and labeling tactics. This is an example of a problem that arises in product strategy that relates to ethics.

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2 years ago

What's 64÷8 pox help

Gemiola [76]

64 divided by 8 is 8

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3 years ago

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