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Darina [25.2K]
3 years ago
13

Total Accounting has developed new software for nonprofit organizations that allows them to send donors receipts via text or ema

il. The software permits donors who have downloaded its app to keep a running total of their donations to each nonprofit organization they make donations to if the organization uses the Total Accounting software. This permits the donor to do year-end tax planning. The software also tracks donors for the organizations and sorts them according to the activities or events that elicit the greatest contribution from each donor so the organization can use this information for marketing purposes. What market is the target of the Total Accounting marketing team
Business
1 answer:
levacccp [35]3 years ago
4 0

Answer: Donors(people donating for the progress of the society).

Explanation:

The solution or answer to this exam or problem or question can be seen or found in the first sentence of the question, that is;

"Total Accounting has developed new software for nonprofit organizations that allows them to send DONORS receipts via text or email".

Take note of the capitalized word, " donors" because that is the simplest answer to the question.

Therefore, the software was built and designed for people that are going to be donating or giving back to the society. The software is built in such a way that the Total Accounting marketing team can track who donors are.

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Prepare the journal entry to record Jevonte Company’s issuance of 35,000 shares of its common stock assuming the shares have a:
Tanzania [10]

Answer: Please see answer in explanation column

Explanation:

a)journal entry to record Jevonte Company’s issuance at $3 par value and $22 cash per share

Account                                            Debit                        Credit

Cash(35,000 x $22)                       $770,000

Common stock, $3 par value(35,000 x 3)                       $105, 000

Paid-in captial in excess of par value, common stock

($770,000  - $105, 000 )                                                      $665,000

b)journal entry to record Jevonte Company’s issuance at $3 stated  value and $22 cash per share

Account                                            Debit                        Credit

Cash  (35,000 x $22)                    $770,000

Common stock, $3 stated value (35,000 x 3)                 $105, 000

Paid-in captial in excess of stated value, common stock

($770,000  - $105, 000 )                                                      $665,000

8 0
4 years ago
The end-of-period spreadsheet (work sheet) for the current year for Jamal Company shows Balance Sheet columns with a debit total
nika2105 [10]

Answer:

$63,620

Explanation:

Calculation to determine the amount of net income or net loss

Using this formula

Net income = Total debit - Total credit

Let plug in the formula

Net income=$570,210 -$506,590

Net income=$63,620

Therefore the amount of net income is $63,620

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3 years ago
When couples not only enjoy each other's company, but closeness is both wanted and needed, they are in the?
aleksklad [387]
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3 0
3 years ago
Chapter 7 1) Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for
yuradex [85]

Answer:

A) $171,000 favorable

Explanation:

Static Budget variance is calculated by simply taking difference of budgeted values and actual values.

                         <u>                                                                             </u>

                  <u>Static budget Variance report of Lincoln Corporation</u>

                             Budgeted      Actual     Variance    Status

Units sold               39,000        48,000       9000       Favorable

Revenue (@$19)   $741,000    $912,000   $171,000   Favorable

Variable costs      $152,000    $167,000   $15,000     Unfavorable

Fixed costs           $50,000     $41,000     $9,000      Favorable

                         <u>                                                                             </u>

As Sales is increased by 9000 units and $171,000, the increase in sale is a favourable varince. So, correct option is A) $171,000 favorable.

5 0
4 years ago
In its 2019 budget, a city authorized expenditures of $40,000 for replacing police patrolmen's uniforms with more modern, functi
Shtirlitz [24]

Answer:

Fund: General Fund,

Function/Program: Public Safety,

Organizational Unit: Police Department,

Activity: Patrol services,

Object: Uniforms

Explanation:

Fund: General Fund,

Function/Program: Public Safety,

Organizational Unit: Police Department,

Activity: Patrol services,

Object: Uniforms

5 0
4 years ago
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