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ira [324]
3 years ago
6

Which 2 of the statements below are correct about using the client details and dashboard screens of QuickBooks Online Accountant

and working with client company files?
a. You can import QuickBooks Online Trial Balance data into ProConnect Tax Online to prepare tax returns via the client dashboard.
b. You can start a new tax return from the client dashboard for non QuickBooks Online clients or clients that are using QuickBooks Online.
Business
1 answer:
Mashcka [7]3 years ago
5 0

The given two statements are correct.

Explanation:

The Client Outlook (Overview Tab) is an accountant view within a QuickBooks Online client file, which allows accountants to communicate their clients confidentially with each other via access to important QuickBooks customer data about the company, bank activity, and common issues.

To order to prepare the tax returns you can import QuickBooks Online Trial Balance data through ProConnect Tax Online through the dashboard.

You can start a new tax return for non-QuickBooks Online customers or customers with QuickBooks Online from the consumer dashboard.

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What is the present value of a perpetuity of $20,000 per month, if the first cash flow will be received exactly nine months from
Fudgin [204]

Answer:

$1,828,679.65

Explanation:

The computation of the present value of the perpetuity is shown below;

The Present value of the perpetuity is

But before that as on the start of the perpetuity is determined using the formula,

= Perpetuity Amount ÷ Monthly rate

= $20,000 ÷ 1%

= $2,000,000

Now  

Present value today is

= Present value of perpetuity as on the start of the perpetuity ÷ (1 + Monthly rate)^Months

= $2,000,000 ÷ (1 + 1%)^9

= $2,000,000 ÷ 1.093685273

= $1,828,679.65

4 0
3 years ago
If the expected inflation rate increases and the natural rate of unemployment remains​ constant, then​ _______.A. the​ long-run
saul85 [17]

Answer:

C. The​ short-run Phillips curve shifts upward and the​ long-run Phillips curve does not shift.

5 0
3 years ago
The debt-deflation hypothesis explains the fall in income as a consequence of unexpected deflation transferring wealth ______, a
Paladinen [302]

Answer:

The options for this question are the following:

A. from debtors to creditors; a smaller

B. from creditors to debtors; a larger

C. from debtors to creditors; a larger

D. from creditors to debtors; a smaller

The correct answer is A. Debtors to creditors; a smaller

Explanation:

There are two definitions of deflation. Most people believe that it is simply price drop. But debt deflation is what happens when people have to spend an increasing part of their income on debt service contracted by them: pay mortgage debt, pay credit card debt, pay academic loans.

Nowadays, people have to spend so much money on buying a house or paying for education, that they do not have enough money to spend on goods and services, except for contracting more debt with their credit card or with other loans.

Result: the markets are slowing. Deflation means a slowdown in revenue growth. Markets contract, capital investment and employment also decrease and wages fall. That is what is happening, as a result of a deliberate policy, in Europe and in the US. The fall or stagnation of prices is nothing but the result of a smaller volume of income to spend.

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3 years ago
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ankoles [38]

Answer:

C. A discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date

Explanation:

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3 years ago
Jackson Health Foods has 8,000 shares of $2 par common stock outstanding, which was issued at $15 per share. Jackson also has a
gogolik [260]
Cos the correct answer may be wrong
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3 years ago
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