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MatroZZZ [7]
1 year ago
10

identify the reason(s) that accountants use a sales returns and allowances account: multiple select question.

Business
1 answer:
Sloan [31]1 year ago
5 0

The reason(s) that accountants use sales returns and allowances account to keep a complete record of sales returns and allowances to calculate operating efficiency.

An accountant is a practitioner of accounting or accountancy. Accountants who have verified competency through their expert associations' certification exam ·​rely on ·​ing ə-: the device of recording and summarizing commercial enterprise and monetary transactions and reading, verifying, and reporting the effects. also: the principles and tactics of this gadget. they studied accounting as a freshman. : work executed in accounting or by using accountants.

An Accountant facilitates agencies making critical monetary decisions by collecting, tracking, and correcting the corporation's budget. they may be accountable for economic audits, reconciling financial institution statements, and making sure financial information is correct for the duration of the yr.

Learn more about accountants here: brainly.com/question/25568979

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As an alternative to selling shares of stock as a means of raising funds, a large company could, instead, a. use equity finance.
USPshnik [31]

A large company could use selling bonds as an alternative to selling shares of stock as a means of raising funds.

<h3>What do you mean by bond selling?</h3>

The company will look for potential buyers on the market. When the company acts as principal, as it does in the majority of bond transactions, it either sells you a bond that it already has (a process known as selling the bond from inventory) or purchases the bond from you for its own inventory.

The majority of bonds pay interest twice a year until they mature. The right to receive interest payments is forfeited if a bond is sold before its maturity date.

To know more about bond selling refer to: brainly.com/question/23032254

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7 0
2 years ago
9. If you found that you were in financial trouble because of credit and had great difficulty paying your monthly bills, what wo
Fed [463]

Answer:

You would have to cut down on some luxuries, like lots of foods, amusement parks, shopping trips, etc. If you have have extra hours, work more hours, quite possibly take another job.

Explanation:

4 0
3 years ago
What step is NOT likely to reduce possible attacks to an organization: Select one: a. Restart the Active Directory database b. I
natulia [17]

Answer:

The correct answer would be option A, Restart the active directory database.

Explanation:

When there is an attack on organizational data or information systems, there are many measures that need to be taken to avoid such attacks to make sure that these attacks don't happen again and to check that all systems are working correctly or not. So in this regard, option A is the most appropriate one, because restarting a database will not help in reducing the possible attacks to an organizational data or information systems. Anti virus spyware, installing firewall and ensuring the working of all patches for an operating system and application are more important tasks to do in such situation.

3 0
3 years ago
Read 2 more answers
Raner, Harris, &amp; Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm
loris [4]

Answer:

Explanation:

1a

Break-even point in dollar sales 406957 =(109200+78000)/46%

1b

Break even point

Chicago office 72429 =50700/70%

Minneapolis office 146250 =58500/40%

1c

Greater than

2

Increase in sales 48750

X CM ratio 40%

Net operating income increase 19500

3

Total company Chicago Minneapolis

Amount % Amount % Amount %

Sales 520000 100.0% 130000 100.0% 390000 100.0%

Variable expenses 273000 52.5% 39000 30.0% 234000 60.0%

Contribution margin 247000 47.5% 91000 70.0% 156000 40.0%

Traceable fixed expenses 109200 21.0% 50700 39.0% 58500 15.0%

Office segment margin 137800 26.5% 40300 31.0% 97500 25.0%

Common fixed expenses not traceable 78000 15.0%

Net operating income 59800

5 0
3 years ago
An asset which costs $97,600 and has accumulated depreciation of $82,000 is sold for $18,000. what amount of gain or loss will b
frutty [35]
Book value
Cost of an asset-accumulated dep
97,600−82,000=15,600

So
18,000−15,600=2,400
a gain of $2,400.

Hope it helps
8 0
3 years ago
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