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3 years ago

Which reporting app is included with QuickBooks Online Advanced Subscription?

Business

2 answers:

tamaranim1 [39]3 years ago

7 0

Answer:

spotlight reporting

Explanation:

nalin [4]3 years ago

4 0

QBO advanced includes everything in QBO plus including the ability to track by class along with an exclusive features such as reporting powered by fathom, batch invoice import and custom user permissions

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A firm's database showed that the average value of all inventory items for the year was $7,650. The cost of goods sold was repor

Zinaida [17]

Answer:

We know the average inventory was 7,650 and the cost of goods sold through out the yer were 76,500.There are about 52 weeks in a year. If the company closes for 2 weeks, then they are in business for 50 weeks a year.

If we divide the cost of goods sold by the number of weeks that the company is open, we get what is the cost of goods sold each week.

76,500/50= 1,530

The company has 1,530 of cost of goods sold each week. And their average inventory is of 7650 so if we divide average inventory by the cost of goods sold each week, we will get how many weeks of supply is held in inventory.

7650/1530=5

The company holds 5 weeks of supply in inventory.

Explanation:

8 0

4 years ago

Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an

zvonat [6]

Answer:The new machinery must be depreciated using the same method as the previously purchased Machinery.

Explanation:

This is in line with the consistent concept which states a company must be consistent in the application of accounting principles to his activities.

5 0

3 years ago

An investment has the potential of earning you $5000 at a 20 percent probability $3000 at a 50 percent probability, and $2000 at

kap26 [50]

Answer:

The expected value of the investment is $3,100

Explanation:

In order to calculate the expected value of the investment we would have to make the following calculation:

The expected value is the summation of the (event * probability of happening that event).

Therefore, The expected value of the investment = ($5,000*0.20) + ($3,000* 0.50) + ($,2000* 0.30)

The expected value of the investment = $1,000 + $1,500 + 600

The expected value of the investment= $3,100

The expected value of the investment is $3,100

7 0

3 years ago

Holthausen Corporation issued $400,000 of 11%, 20-year bonds at 108 on January 1, 2013. Interest is payable semiannually on June

lora16 [44]

Answer:

Journal Entries

Explanation:

The journal entries are as follows

1. Cash $432,000

To Bonds payable $400,000

To Premium on bond payable $32,000

(Being the issuance of the bond is recorded)

The premium on bond payable is computed below:

= $400,000 ÷ $100 × $8

= $32,000

The $8 comes from $108 - $100

2. Bond payable $400,000

Premium on bond payable $27,809

To Cash $412,000 ($400,000 × 103%)

To Gain on bond redemption $15,809 ($432,000 - $4,191 - $412,000)

(Being the retirement of the bond is recorded)

3 0

4 years ago

Dave Krug contributed $1,000 cash along with inventory and land to a new partnership. The inventory had a book value of $800 and

pav-90 [236]

Answer:

cash 1,000 debit

inventory 2,000 debit

land 5,000 debit

note payable 3,000 credit

Krug capital Account 5,000 credit

Explanation:

The land and inventories will be accepted at his market value.

Along with cash this are assets which enter the partnership so they are debited.

The note payable decreases the Krug capital contribution. It is credited.

Krug capital account balance will be to complete the entry and make debit = credit.

6 0

4 years ago