It is best to keep both a check register and then to reconcile your bank statement with your check register. That means you have recorded everything that has happened.
Answer:
Collection from Customers =$487,000
Explanation:
Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance
=97000+$519,000-$65,000
=$487,000
Answer:
Net income after operating loss for 2019 is equal to $0 dollars and amount of net operating loss carried forward available in 2020 is equal to $5000.
Explanation:
Net loss is not deductible in the current year but can however be carried forward to the subsequent year and deducted against income in that year. Therefore the loss can only be deducted from 2019 on wards. The remainder of the net loss after deducting against 2019 income will be carried over into the subsequent year and therefore $5000 is carried forward to the year 2020.
Answer:
How many units are in process at May 31?
physical units ending WIP: 740
equivalent units WIP materials: 740
equivalent units WIP conversion: 296
Explanation:
We will add the beginning and started units, then subtract the trasnaferrd out to get the ending WIP inventory.
physical units:
beginning 490
started 1,650
transferred-out<u> (1,400) </u>
ending 740
Now we will multiply by the percentage of completion to get the equivlent units of WIP on each category:
<u>equivalent units for ending WIP:</u>
materials 740 x 100% = 740
conversion 740 x 40% = 296
Answer:
A. Helping clients become more affective
Explanation:
Reflection of feelings involves getting to know the emotions of the clients and reflecting those feelings back to the clients. This helps the client feels like he or she is being understood, listened to and validated. Reflection of feelings establishes a good rapport between the clients and the professional. Reflection of feeling statements accurately mirror client's feeling by identifying the client's emotions based on verbal and non verbal messages.
