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UNO [17]
3 years ago
8

When should you use Add other funds to this deposit grid in a Deposit Transaction? Identify 3 correct options. (Select all that

apply)(A) When an employee reimburses the company(B) You receive a tax refund from the IRS(C) You need to record an ACH payment of a customer invoice(D) When a company doesn’t record income using sales transactions (invoices or sales receipts), and wants to record deposits directly to income accounts To record the payment of a Vendor Bill
Business
1 answer:
Anni [7]3 years ago
4 0

Answer:

(A) When an employee reimburses the company

(B) You receive a tax refund from the IRS

(D) When a company doesn’t record income using sales transactions (invoices or sales receipts), and wants to record deposits directly to income accounts

Explanation:

The three options are -

Option A is correct as the employee repays the company so that the funds to this deposit will be added to the deposit transaction.

Option B is correct as the employee or an individual will get the tax refund from the IRS which can be deposited to the deposit grid.

Option D is correct as it is recorded to income accounts directly as deposits.

Any payment cannot be added as deposit. Therefore, option C is incorrect.

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An annual insurance policy is paid in advance by a company. How will the company treat this initial payment and the subsequent e
jeka57 [31]

Answer:

The question requires the answering party to pick all that apply as found in the attached.

A. The initial payment will be recorded as an increase to a Prepaid Insurance account.

B. Over time, the expired portion of the policy must be removed from the asset account as it has been used up and is no longer considered an asset.

C. As a portion of the policy expires, the expired portion will be removed and transferred to an expense account.

Explanation:

The initial payment will be recorded as increase to an asset account,prepaid insurance is a correct statement,pending when the insurance cost is cost,

Subsequently,the expired the portion of the prepayment would be removed from the account,hence point B is also correct.

Finally,when the expired portion is removed from prepaid insurance account,it is transferred to insurance expense account,point C is also on point.

3 0
3 years ago
Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff".
AleksandrR [38]

Answer:

let him put it where he won't see them until It is enough for buying his wants

4 0
3 years ago
Read 2 more answers
During an OSHA inspection:
Zielflug [23.3K]
I believe the correct answer from the choices listed above is option C. During an OSHA inspection, you <span> have the right to talk to the inspector privately. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
3 0
3 years ago
Read 2 more answers
Action Aaron McKinney is a cost accountant for Majik Systems Inc. Martin Dodd, vice president of marketing, has asked Aaron to m
Lilit [14]

Answer:It will not be ethical for Aaron to attend the meeting and share relevant cost data

Explanation:

Sharing of the relevant cost data will enable the competitor to have a good idea of what goes into Aaron production and it's pricing policy which may be use to the advantages of the competitor.

Furthermore there is no law that protect a firm from his competitor abuse of information obtain through mutual consent.

3 0
3 years ago
Question 43 how are the individuals in the group judged to be high in warmth and competence viewed by participants in relation t
Sergio [31]

Individuals in the group judged to be high in warmth and competence viewed by participants in relation to themselves as an in-group.

An in-group is a group of things, people, or other entities that are similar in some way. In-groups, particularly in humans, are defined by beliefs, values, and identities. Within in-groups, there is a shared understanding that group members share some characteristics. Humans, on the other hand, frequently organize items and their lives into in-groups and out-groups without consciously realizing it. This is a neurological shortcut that brains develop over time to assist humans in sorting and categorizing large amounts of information. Depending on the power dynamics and privilege that result from grouping, the outcomes can be negative, positive, or neutral.

An out-group is a group that is distinguished from an in-group by its dissimilarity. Where an in-group is defined by the presence of a shared element of identity, such as a belief or a trait, and an out-group is defined by the absence of that shared element.

Learn more about in-groups and out-groups here:

brainly.com/question/14429597

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6 0
2 years ago
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