Jane would update and edit the credit card type, as this is the only thing that she needs to edit.
<h3 /><h3>What is a Credit Card?</h3>
A credit card is a instrument that enables an individual to spend amount of money when they have no or less balance in their account, the credit card payment of the total expenses in a month is paid in the end of a month, a bill is sent by the bank to the credit card holder.
Jane using a quick book software only needs to update the credit card type as the rest of the details will be selected automatically by the software as the software is designed to help out and ease the work of small business owners like Jane.
The details are entered in the system when the software is installed and the transactions are carried out the system saves the information of the customer.
Learn more about Credit card at brainly.com/question/27334460
#SPJ1
Missing part of the question is
Which list should she edit? Quick books
Credit Card Type
Payment Methods
Payment Type
Terms
Answer:
Comparative Advantage: A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country as compared to the other country.
For determining comparative advantage, countries compare their good's opportunity cost with the other country's goods opportunity cost.
Mistakes in contracts may be classified as <span>u</span>nilateral and mutual.
Unilateral mistake happens when one party is under confusion. Mutual mistake is when the contracting parties are under confusion.
Under unilateral mistake, contract cannot be avoided except when the unilateral mistake involves the identity of parties or the nature of the contract.
Under mutual mistake, contract can be avoided.
Answer:
Dr Retained earnings $14,000
Cr Inventory $14,000
Explanation:
There is a need to make adjustment to the inventory . Therefore,
Adjusted inventory
= New method of $171,000 - Old method of $185,000
= $14,000 decrease
It is to be noted that a lower inventory will have high costs associated with goods sold hence reduces profit/net income for the previous year by $14,000.
Also, the net income reports to retained earnings account hence decreases retained earnings.
Having made the above adjustment, we can assume that the average cost method was used for 2020 books.