I believe the answer you are looking for is concentration because reading a dull book would make you want to do other things rather than sitting there having to read something boring.
Answer:. CSV and PDF
Explanation:
QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.
The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.
When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.
Answer:
A. Dr Cost of goods sold $21
Cr LIFO reserve $21
B.$3,729
Explanation:
A. Preparation of the December 31, 2021, adjusting entry to record the cost of goods sold adjustment.
Based on the information given in a situation were Drew adjusts the LIFO reserve at the end of its fiscal year which means that the December 31, 2021, adjusting journal entry to record the cost of goods sold adjustment will be:
Dr Cost of goods sold $21
($86 – 65)
Cr LIFO reserve $21
b. Calculation for what would cost of goods sold have been for the 2021 fiscal year
Cost of goods sold=$3,750 – $21
Cost of goods sold= $3,729
Therefore what the cost of goods sold could have been for the 2013 fiscal year is $3,729
Answer:
1. $400,000
2. $140,000
3. $56,000
4. $84,000
Explanation:
1. Budgeted gross profit = Budgeted sales - Budgeted COG sold
where, Budgeted COG sold = $480,000 + $60,000 - $40,000 = $500,000
By putting the value, we get
Budgeted gross profit = $900,000 - $500,000
= $400,000
2. Budgeted income before taxes = Budgeted gross profit - selling and administrative expenses - interest expense
= $400,000 - $250,000 - $10,000
= $140,000
3. Budgeted income tax = Budgeted income before taxes × tax rate
= $140,000 × 40%
= $56,000
4. Budgeted net income = Budgeted income before taxes - Budgeted income tax
= $140,000 - $56,000
= $84,000
The answer is: D) The Federal Reserve affects monetary policy.
Federal reserve had the power to create monetary policies in order to regulate inflation rate in the country.
These monetary policies are being made to control either the amount of money supply or the amount of money circulated in the market. (If the amount of money held by people reduced, the inflation rate tend to go down. This is how they make the control)
