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e-lub [12.9K]
3 years ago
10

Differentiate between accounting and bookkeeping

Business
1 answer:
UkoKoshka [18]3 years ago
5 0
Accounting adds and subtracts numbers billing etc.
Bookkeeping just organizes and stores imformation.
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Houseman, Inc. anticipates sales of 43,000 units, 41,000 units, and 44,000 units in July, August, and September, respectively. C
Semenov [28]

Answer:

Total= 42,400 units

Explanation:

Giving the following information:

Houseman, Inc. anticipates sales of 43,000 units, 41,000 units, and 44,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 30% of the following month's sales.

We will assume that the beginning inventory for July equals the 30% policy.

Production:

Sales for July= 43,000

Ending inventory= (41,000*0.3)= 12,300

Beginning inventory= (43,000*0.3)= (12,900)

Total= 42,400 units

7 0
3 years ago
Under the Sherman Anti-trust Act an individual may be fined up to $_____________ and a corporation may be fined up to $_________
9966 [12]

1 million and 200 million 1 million

What is Anti-trust Act?

As a "complete charter of economic liberty intended to preserve open and unrestricted competition as the rule of commerce," Congress established the first antitrust law, the Sherman Act, in 1890. The Clayton Act and the Federal Trade Commission Act, which established the FTC, were two more antitrust legislation passed by Congress in 1914. These are the three main federal antitrust statutes that are still in force today, with minor modifications.

The antitrust laws generally forbid mergers and commercial practices that are illegal, leaving it up to the courts to determine which ones are on the basis of the specific facts of each case. Throughout history, from the era of horse-drawn carriages to the modern digital era, courts have applied antitrust rules to evolving marketplaces.

Learn more about Anti-trust Act with the help of given link:-

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7 0
2 years ago
I am 16 1/2, I live in southern California and want to get a job in the summer is there any way to go about that?
julia-pushkina [17]

Answer:

Dont do it over online go in person if possible and it is even better if you are able to meet the manger on the spot my brother did that and shook the guys hand and got the job the next day.

Explanation:

7 0
3 years ago
Read 2 more answers
Berry Co. purchases a patent on January 1, 2021, for $42,000 and the patent has an expected useful life of five years with no re
serious [3.7K]

Answer:$25,200

Explanation:

Since amortization is on a straight-line basis and the patent has no residual value;

Annual amortization value= $42,000/5years

=$8,400

As at December 31, 2022, accumulated amortization is $16,800

Carrying amount of the patent: $42,000-$16,800

= $25,200

6 0
3 years ago
If a sales associate is working with a buyer in a residential transaction as a customer, not a client, what type of brokerage re
aleksklad [387]

The type of brokerage relationship that must be disclosed between the parties is known as Nonrepresentation.

<h3>What is a Non-representation?</h3>

This refers to the promise that a wrong statement will not be disclosed to one party to mislead them.

Hence, this is what have to be disclosed in type of brokerage relationship between the parties.

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2 years ago
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