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kotykmax [81]
1 year ago
14

What is the maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus?

Business
1 answer:
Olegator [25]1 year ago
4 0

The maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus is: 250 chart.

<h3>What is chart of accounts in QuickBooks?</h3>

Chart of accounts in QuickBooks  can be defined as the account that are mostly use in tracking every financial statement or information.

The Chart of accounts in QuickBooks  should not be more than 250 chart of account based on the fact that if your  account is higher than 250 in your chart of account this can tend to lead to suspension of the subscription you made.

Therefore the maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus is: 250 chart.

Learn more about chart of accounts in QuickBooks here:brainly.com/question/14493199

#SPJ1

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An entity has two long-term construction contracts, one of which qualifies for revenue recognition while the performance obligat
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Answer: construction receivable

Explanation:

Accounts receivable management involves improving the collection process for efficiency, identifying the reasons for nonpayment and being proactive in reminding clients about their overdue accounts.

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McGinnis Construction is a cash-basis company with a fiscal year-end of June 30. McGinnis’ employees earn a normal weekly wage o
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Answer:

As a result of operations, there will be an understatement of McGinnis’ net income for the most recent fiscal year of 30900

Explanation:

Services             40900

Weekly wage     10000

FY end on June  30900

The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made. Thus, you record revenue only when a customer pays for a billed product or service, and you record a payable only when it is paid by the company

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3 years ago
Your manager has asked for your help to make a decision on an important issue within 24 hours. the outcome of this decision will
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The best thing that you should do in this scenario would be :

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3 years ago
when pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management functi
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When pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.

This statement is true.

Planning means looking ahead and chalking out the  future courses of action to be followed. It is a preparatory step of every management . It is a systematic activity which determines the process of  when, how and who is going to perform a specific job.

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5 0
1 year ago
Consider the closed (no exports or imports) Latverian economy in which the consumption function is C = 300 + 0.75DI (where DI =
777dan777 [17]

Answer:

0.66

Explanation:

Marginal propensity to consume is the proportion of disposable income that is spent on consumption

Marginal propensity to consume = change in consumption / change in income = C / Y

Gross domestic product (Y) is the sum of all final goods and services produced in an economy within a given period which is usually a year.

In a closed economy, GDP = Consumption + Investment spending + Government Spending

Y = 300 + 0.75(Y - $1,200) + $900 + $1,300

Y = 300 + 0.75Y - $900 + $900 + $1,300

Collect like terms

Y - 0.75Y = $1600

0.25Y = $1600

Y = $6400

Substitute for Y in the consumption function : 300 + 0.75(Y - $1,200)

300 + 0.75($6400 - $1,200)

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C = $4200

Marginal propensity to consume = $4,200 / $6400 = 0.66

4 0
3 years ago
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