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geniusboy [140]
3 years ago
7

Difference between bookkeeping and accounting in table​

Business
1 answer:
Sladkaya [172]3 years ago
3 0

Answer:

Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.

Explanation:

hope this will help you

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what are the positives and negatives of starting your career planning now while still in middle school?
andrey2020 [161]

+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.

- is getting bored soon (changing your mind), and not enjoying your childhood.

I hope i helped :)

6 0
3 years ago
On January 1, Kirk Corporation had total assets of $425,000. During the month, the following activities occurred: Kirk Corporati
nadya68 [22]

Answer:

$428,000

Explanation:

The only movement that impact the total assets it's:

Kirk Corporation acquired equipment costing $3,000, promising to pay cash for it in 60 days.

Due to the equipment was finance by the supplier by 60 days it has a positive impact on assets and liabilities.

The others transactions:

  • Kirk Corporation purchased $1,750 of supplies for cash, it has no impact because the supplies was paid with cash, so the impact on assets is zero.
  • The land had cost $7,500 and it was sold for $7,500 cash.  The land it's a long term assets that was sold for cash, so it was converted to current assets in money.
  • Kirk Corporation signed an agreement, the impact it's in the next month, so it has no impact the current month analized.
3 0
4 years ago
Luis received his account statement. He needs to make sure the balance in his checkbook register is correct. To reconcile his ch
Luden [163]
<span> I would say to add all of the transactions together</span>
8 0
3 years ago
Read 2 more answers
Assume you are representing management (like katherine in this scenario). what exactly would you do in this situation? indicate
Luda [366]
<span>As a management representative in a transaction with a representative union, there would be the negative response if there were allegations of untruthfulness. As an arbitrator speaking to administration, activities to negate the allegations of lying by demonstrating the informed the entire certainties would demonstrate that administration is honest and legitimate. As an administration delegate in arrangements, searching out a bargain to wind up with a together advantageous determination where the representatives are upbeat and JBL Publishing Company will make progress is the thing that issues most.</span>
7 0
3 years ago
Use the following balance sheet data for the First National Bank to answer the next question. Assets Liabilities Net Worth Reser
DiKsa [7]

Answer:

Reserves & Checkable deposits will equal to $36,000 and $106,000

Explanation:

The amount of checkable deposits is given $120,000 on the liabilities side. So, the withdrawal and clearance of check worth $14,000 will lead to a decline in the number of checkable deposits by $14,000. As a result, the remaining amount of checkable deposits will equal to $106,000 ($120,000 - $14,000).

To maintain the balance on asset & liabilities side of the balance sheet, the asset side will also reduce by $14,000. $14,000 will be deducted from the reserves of the bank. As a result, the remaining amount of reserves is equal to $36,000 ($50,000 - $14,000).

7 0
3 years ago
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