The cost principle relates most closely to the _____

In a _________________________ economy, the individuals and the government share in the economic decision-making process. These

VladimirAG [237]

Answer:

I believe it's Command Economy

Explanation:

8 0

1 year ago

One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ tr

Flura [38]

Answer: One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you Exclude or Add transactions in QuickBooks Online from the downloaded transactions from the bank, they are marked Reconciled. This makes the end-of-period bank reconciliation more efficient.

Explanation:

Bank feeds is the online transaction platform provided for the customers to connect with the bank and download the transactions and access other online services. These transactions saves time for the users.

Bank reconciliation is checking the balances of the bank statement and the cash account. The difference in both the books are checked and reconciliation statement is passed to match both the books. Manual reconciliation takes time whereas it is easier to do it through quickbooks in online.

7 0

3 years ago

According to the video, what do Financial Analysts analyze? Check all that apply.

STatiana [176]

A-D

-financial records

-a company’s competitors

5 0

2 years ago

Read 2 more answers

g These bonds would sell at a discount when the: Multiple Choice bond stated interest rate is above the market rate of interest.

4vir4ik [10]

Answer:

bond stated interest rate is below the market rate of interest.

Explanation:

A bond sells at a discount if its face value is below par. For example, if par value is $1000 and the price is $950, the bond is selling at a discount

A bond is selling at a discount if the bond stated interest rate is below the market rate of interest.

A bond is selling at a premium if its interest rate is above the market rate of interest.

5 0

2 years ago

During 2022, Novak Corp. entered into the following transactions. 1. Borrowed $61,000 by issuing bonds. 2. Paid $9,350 cash divi

Brums [2.3K]

Transactions will be recorded as follows;

1. Borrowed by issuing bonds.

Dr Cash $61,000 (increase assets )

Cr Bonds Payable $61,000 (increase liabilities)

2. Paid cash dividend to stockholders.

Dr Retained Earnings $9,350 (decrease equity)

Cr Cash $9,350 (decrease assets)

3. Received cash from a previously billed customer for services provided. 

Dr Cash $18,800 (increase assets)

Cr Accounts Receivable $18,800 (decrease assets)

4. Purchased supplies on account.

Dr Supplies $4,800 (increase assets)

Cr Accounts Payable $4,800 (increase liabilities)

Effects of above mentioned entries on Accounting Equation

Assets = Liabilities + Equity

($61,000-$9,350+$18,800-$18,800+$4,800) = ($61,000+$4,800) + (-$9,350)

$56,450 = $65,800 - $9,350

$56,450 = $56,450

7 0

2 years ago

The cost principle relates most closely to the ______.