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
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Explanation:
Accounts receivable is money owed to a company by its debtors.
Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.
Answer:
TRUE
Explanation:
Bankruptcy is a legal framework, in which borrowers who cannot pay their loans, may seek relief from all of their liabilities from individuals or other organizations. In most states, a judge's order mandates bankruptcy.
In this situation, Tim is a bankrupt person, tin wrote a negotiable note but now Tim has got relief from his liabilities, so he has not to pay against his negotiable note.
Therefore, the following situation is TRUE .
Answer:
Issuing bonds will be the better option for this company. Mainly because they do not like to give up the control of the company or to change its equity structure.
When the bonds are issued, the company gets the money from the investors and has to pay an agreed amount of interest periodically until maturity of the bond, where the company will have to pay the face value of the bonds.
Explanation:
For me, the incorrect passage would be "Investments and lending have risen". In an economic downturn, investors are reluctant to put money on a market that is experiencing losses.
Economists warn of an economic downturn. Prices have skyrocketed. Unemployment is up as businesses move up to reduce <span>costs. The Fed considers lowering discount rates and reserve requirements to increase monetary circulation.</span>
