Answer:
A. Assign one class to each row in a transaction.
C. Assign one class to an entire transaction.
Explanation:
You can use class tracking in QuickBooks to categorize sales and expenses according to different locations, classes or even divisions. E.g. if you are a retailer, you can classify your sales by classes like men's, women's and children clothes. Or you can also track your sales by online sales or sales made on a brick and mortar location.
You can also assign one class to an entire transaction in order to determine if it resulted in a gain or a loss.
Answer:
19.82%
Explanation:
Midpoint method = Q2 - Q1 / [(Q2 + Q1) / 2] / P2 - P1 / [(P2+P1) / 2]
3.33 = 2000 - 1000 / [(2000 + 1000) / 2] / P2 - P1 / [(P2+P1)/2]
3.33 = 0.66 / (P2 - P1) / [(P2+P1)/2]
By cross multiplying we have
0.66 = 3.33 [ (P2 - P1) / [(P2+P1)/2]
divide both sides by 3.33
19.82% = The mid point change in price.
Answer:
The cost of goods sold for last year was $795,000
Explanation:
Last year, in Jasper Company, beginning and ending inventories of work in process and finished goods equaled zero. Therefore,
The cost of goods sold for last year = Total cost of units were produced = Direct materials + Direct labor + Manufacturing overhead
Jasper Company had Direct materials of $180,000, Direct labor of $505,000, Manufacturing overhead of $110,000
The cost of goods sold for last year = $180,000 + $505,000 + $110,000 = $795,000
It is best that when teenagers get an account, that they get one that has no fees because they have a limited amount of money coming in.
In general, teenagers don't earn a lot of money, any bank account that they get therefore, should be one that doesn't reduce this little amount of money that they get.
It is therefore best that teenagers try to find accounts that have little or reduced fees. To this end, some banks offer teenage savings accounts that:
- Don't charge for ATM withdrawals
- Don't charge for transactions on a debit card
In conclusion, teenagers should try to get accounts that do not have fees attached so as not to reduce the limited income they probably get.
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Answer:
Dr Bad debt expenses $4,149
Cr Allowance for uncollectible accounts $4,149
Explanation:
Dr Bad debt expenses $4,149
Cr Allowance for uncollectible accounts $4,149
13%×$26,300= $3,419
$3,419 +$730=$4,149