A disadvantage of home ownership includes which of the following?

Business

1 answer:

jekas [21]3 years ago

8 0

Less mobile because the house has to be sold in order to move to another location

You might be interested in

Assuming the use of a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal, indicate the jou

Mnenie [13.5K]

To pick the correct journal from the list we should be sure that we will record some transactions in more than one journal.

Explanation:

The combinations are below:

A. Receipt of cash refund from over payment of taxes. (Cash Journal)

B. Adjustment to record accrued salaries at the end of the year (General journal)

C. Providing services on account (Revenue Journal)

D. Investment of additional cash in business by the owner (Cash, General Journal) (The transaction will be recorded in both cash and capital accounts but instead of the capital, we put it in the General Journal to be transferred later)

E. Receipt of cash on account from customer (Cash Journal)

F. Receipt of cash for rent ( Cash, General Journal) (The transaction will be recorded in both cash and rent account but for the journal we put the rent part in the General journal)

G. Receipt of cash from sale of office equipment (Cash, General Journal) (An office equipment is assumed to be a fixed asset, thus its sale will not go into the revenue journal but the General Journal whiles the cash receipt is treated in the Cash Receipts Journal)

H. Sale of used office equipment on account, at cost to a neighbor (General Journal)

I. Closing of drawing account at the end of the year (General Journal) (The question did not specify whether is was goods withdrawn or cash withdrawn so we assume it to be goods withdrawn)

J. Providing services for cash (Revenue, Cash Receipts Journal)

7 0

3 years ago

PLEASE HELP FAST!!!

TiliK225 [7]

Forecasting is like Foreshadowing telling or predicting what may happen.

it could not be B Because you already have your budget because, without a budget you can not go forth with your plans.

C is not because, it is potential you should calculate it but, altogether is not in your revenue which is something that comes altogether but, this is just a part of the full revenue.

And D. This is something specific you cannot just pay attention to not just expenses but what you earn, what budget and etc.

Altogether leaving A because, you are gathering information and does not tell you what type but, financial which means 'all' activities of Financing and Planning will help with Revenue to protect it and, to get it to the point in which you want it to get to a goal or past a goal and etc.

4 0

3 years ago

which question or questions should you ask yourself when determining how much money you can afford to spend on a mortgage

Sati [7]

What is my income. then subtract
what are my ordinary monthly expenses.
what is my weekly allowance.
what are my incidentals
what are my insurance and taxes going to be.
are these included in the mortgage.
allow 10% for tithing
clothing costs
medical copays.
do you get paid for sick days.

3 0

3 years ago

A business’s total revenue for a specified period is $500,000, its operating expenses are $50,000, and its net profit if $150,00

creativ13 [48]

Answer:

your answer is 300,000

8 0

3 years ago

The name of the budget that plans for how the business will run until it becomes self-sustaining, I.e. until it begins to make

amm1812

Answer:

start-up is the correct answer.

6 0

3 years ago