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3 years ago

Those interested in entrepreneurship volunteer their time with service organizations for all of the following EXCEPT.

1 answer:

8 0

Answer: Those interested in entrepreneurship volunteer their time with service organizations for all of the following EXCEPT. Paid experience will be more valuable.

Explanation: Volunteering involves an act whereby an individual enters or offers a service of their own free will, especially when done without pay.

An interest in entrepreneurship can make an individual volunteer to develop their leadership skills, to gain practical experience, and to learn from leaders, Paid experience is not a factor for volunteer work of any sort.

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after a bank reconciliation is completed, journal entries are prepared for items in the balance per company's records as well as

BaLLatris [955]

'After a bank reconciliation is completed, journal entries are prepared for items in the balance per the company's records as well as items in the balance per bank statement.

This statement is False.

In accounting, bank reconciliation is the process of reconciling the bank account balances on a company's books with the balances reported by financial institutions in their most recent bank statements. You should check the difference between the two numbers and correct if necessary.

Bank reconciliation is the process of reconciling cash book data with corresponding data on bank statements. This is an important process for the CFO's office and ensures the accuracy of the accounting records.

Bank reconciliation is an important internal control tool and is necessary to prevent and detect fraud. It also helps identify accounting and banking errors by explaining the difference between cash balances on accounting records and bank balances on bank statements.

Learn more about Bank reconciliation brainly.com/question/15525383

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7 0

1 year ago

Which of the following items determine your preference for a concert ticket?band

andriy [413]

Here are the factors that determine preference for a concert ticket from the most important to the less important

- Band that is playing (if you really like the band, you will potentially ignore the other factors)
- Date of the concert (to make sure that you have no important matters to attend)
- Price of the ticket (to know whether you really can afford the ticket)
- Friends that are going

5 0

3 years ago

Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.6 million, and the 2018 balance sheet showed net fixed

r-ruslan [8.4K]

Answer:

$270,000

Explanation:

Net capital spending = Increase in net fixed assets + Depreciation expenses

= [ Net fixed assets at year end - Net fixed assets at the beginning ] + Depreciation expenses

= [$5,200,000 - $4,600,000] + $330,000

= $600,000 - $330,000

= $270,000

8 0

3 years ago

"the fact that having capital punishment "on the table" causes many people to confess to crimes in order to have death "taken of

Lynna [10]

Driveshaft see Tunguska

8 0

3 years ago

Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $66

Allisa [31]

Answer:

Flip's taxable income for the current year is $2,10,000.

Explanation:

Given information:

Advertising Expenses = $50,000

Cost of Goods Sold = $660,000

Other Operating Expenses = $390,000

Sales = $1,830,000

Wages and Salaries = $520,000

Capital Gain = $15,000

The formula for taxable income is

Taxable income for corporation = Gross Sales - cost of goods sold - operating expense - Interest expense - Tax deduction/ credit

Where,

Operating expense = Advertising Expenses + Wages and Salaries + Other Operating Expenses

Using this formula we get

$\text{Taxable income for corporation}=1830000-660000-(390000+520000+50000)$

$\text{Taxable income for corporation}=210000$

Therefore, Flip's taxable income for the current year is $2,10,000.

7 0

3 years ago