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3 years ago

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How can you use spreadsheets both at home and at the office? describe the office business functions which can use electronic spr

eadsheets? which home management functions can use electronic spreadsheets?

1 answer:

shepuryov [24]3 years ago

3 0

You can use electronic spreadsheets<span> at home to make a calendar, in an office you can use it to graph the revenue the company is making.</span>

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Select the accounting principle, assumption, or related item that best completes the sentence. Ex: Material. Full disclosure. Fa

KIM [24]

Answer:

1. Relevance and faithful 2.confirmatory value 3.Comparability 4. fair value 5. material 6. consistency 7. neutrality 8.Full disclosure 9. periodicity 10. Revenue recognition

4 0

3 years ago

On January 1, 2021, Red Flash Photography had the following balances: Cash, $19,000; Supplies, $8,700; Land, $67,000; Deferred R

ira [324]

Answer:

<u> Red Flash Photography </u>

<u>Balance Sheet as at January 1, 2018,</u>

<u> Assets </u>

Cash,............... $26,000

Supplies,........... $9,400

Land, ........ .......<u>$74,000</u>

Total..................<u>109, 400</u>

<u>Capital and Liabilities</u>

Deferred Revenue... $6,400

Common Stock..... ..$64,000

Retained Earnings...<u>$39,000.</u>

Total............................<u>109,400 </u>

<u> Red Flash Photography </u>

Balance Sheet as at 31st December 2018

Revised Balance Sheet on 31st December 2018

<u>Assets</u>

Cash..........................................42,600

Account Receivable............ 44,000

Supplies....................................15,800

Land..........................................74,000

Prepaid Rent............................<u>19,500 </u>

Total...........................................<u> 195,900</u>

<u>Capital & Liabilities</u>

Common Stock ......................98,000

Retained Earnings.................56,500

Accrued Wages........................5,400

Accounts Payable...................<u>36,000</u>

Total........................................... <u>195,900</u>

Explanation:

1. February 15 Issue additional shares of common stock, $34,000.

ADD 34,000 TO EQUITY, AND TO CASH

2. May 20 Provide services to customers for cash, $49,000, and on account, $44,000.

LESS 49,000 FROM CASH AND ADD TO RETAINED EARNINGS AS INCOME, ADD 44,000 AS ACCOUNT RECEIVABLES AND ADD TO INCOME IN RETAINED EARNINGS

3. August 31 Pay salaries to employees for work in 2018, $37,000.

LESS 37,000 FROM CASH AND FROM RETAINED EARNINGS

4. October 1 Purchase rental space for one year, $26,000.

LESS FROM CASH AND FROM RETAINED EARNINGS

5. November 17 Purchase supplies on account, $36,000.

ADD TO STOCK, ADD TO ACCOUNTS PAYABLES

6. December 30 Pay dividends, $3,400.

LESS FROM CASH AND FROM RETAINED EARNINGS

The following information is available on December 31, 2018:

1. Employees are owed an additional $5,400 in salaries.

ADD TO ACCRUED SALARIES,LESS FROM RETAINED EARNINGS AS EXPENSES INCURRED IN THE PERIOD

2. Three months of the rental space has expired.

CREATE PREPAID RENT FOR 3/4 OF RENT (19,500) AND LESS 6500 FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

3. Supplies of $6,400 remain on hand.

LESS 19600 (26,000-6400) FROM SUPPLIES AND FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

4. All of the services associated with the beginning deferred revenue have been performed.

DELETE DEFERRED REVENUE OF 6,400 AND ADD SAME AMOUNT TO RETAINED EARNINGS AS INCOME EARNED

7 0

3 years ago

Economics: Which items make up the marketing mix?

Degger [83]

Answer: Price, Product, Promotion and Place.

Explanation:

7 0

3 years ago

Read 2 more answers

How do you increase the quality of your products, i. E. , reduce flaws in production? chegg.

djverab [1.8K]

Increasing the quality of your products can be achieved by doing the

following:

Using standard raw materials.

Adopting best work practices.

<h3>What is Quality?</h3>

This is the measurement of standard or excellence of an individual, goods

and services.

It is best for an organization to churn out quality products as it helps to

increase sales and profit. This can however be achieved by using standard

raw materials and practices during production.

Read more about Quality here brainly.com/question/15281075

6 0

2 years ago

What is the term that refers to the management and processing of information using computers and computer networks?

Lapatulllka [165]

<span>Information Technology refers to the management and processing of information using computers and computer networks. People who are trained in this field must be able to use computers for the storage of data, data retrieval, sending data, processing data, maintenance and a bunch of other technical duties. Information technology requires an understanding of computer software, hardware and networks.</span>

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3 years ago