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Mnenie [13.5K]
2 years ago
6

What are 2 tools you can use to identify possible issues in quickbooks online company

Business
2 answers:
navik [9.2K]2 years ago
3 0

Answer: Transactional Journal and Audit Log can be used to identify possible issues in a Quickbooks Online Company.

Mama L [17]2 years ago
3 0

Answer:

-account and settings

Explanation:

basta mao nana

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Prine Company purchased equipment on January ​1, 2018​, for $ 25 comma 000. Suppose Prine Company sold the equipment for $ 3 com
Marat540 [252]

Answer:

a. The company recognizes loss on the sale of the equipment $6,000

b. The entry to record the sale of the equipment:

Debit Cash $3,000

Debit Accumulated depreciation account $16,000

Debit Loss on sale equipment  $6,000

Credit Equipment $25,000

Explanation:

To recognize gain or loss on the sale of the equipment:

First, the company calculates the carrying amount of the asset by using the original cost of the asset, minus all accumulated depreciation and any accumulated impairment charges.

Then, subtract this carrying amount from the sale price of the asset. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss

On December ​31, 2019​, the carrying amount of the asset = $25,000 - $16,000 = $9,000

Sale price - Carrying amount of the asset = $3,000 - $9,000 = -$6,000

=> The company recognizes loss on the sale of the equipment $6,000

b. The entry to record the sale should be made:  

Debit Cash $3,000

Debit Accumulated depreciation account $16,000

Debit Loss on sale equipment  $6,000

Credit Equipment $25,000

4 0
3 years ago
An increase in u. S. Interest rates relative to german interest rates would likely ____ the u. S. Demand for euros and ____ the
Naya [18.7K]

An increase in US. Interest rates relative to German interest rates would likely reduce the u. S. Demand for euros and increase the supply of euros for sale.

<h3>What is the impact of an increase in interest rate on a country's currency?</h3>

When the interest rate of a country's currency increases, the value of that currency increases. As a result, there would be an increase in the demand for that currency relative to other currencies.

When the US interest rates increase relative to that of Germany, the value of the dollar would increase. This would lead to an increase in the demand for the dollar and a decrease in demand for the euros.

To learn more about currencies, please check: brainly.com/question/17180334

6 0
2 years ago
Motorist has a flat tire and is in the process of changing it. one of the lug nuts is very tight and he is trying to remove it.
Lostsunrise [7]
<span>Actually motorist best approach here is to trying to figure out the correct removing rotation of lug nuts, then rotate in that direction it smoothly as possible by applying some oil or grease,which will surely do the need of the motorist to change the flat tire safely, instead of pushing or pulling it hard, which not solve the problem at all even after lot of time and energy,</span>
4 0
3 years ago
For a manufacturer, measures of volume may include:
kobusy [5.1K]

Answer:

(D) Both number of units produced and amount of direct materials used in production are correct.

Explanation:

4 0
3 years ago
Read 2 more answers
Which of the following is an example of a conglomerate merger?
densk [106]

Answer:

Answer d

Explanation:

Mergers and acquisitions from legal point of view differ in a way that acquisition happens when entity takes ownership of another entity's stock, equity interest or assets, while merger is a consolidation of two entities into one. Except for answer d, all other examples are purchases of another company's stocks or assets. Acquisition therefore means takeover of a company by another company, while a merger usually means consolidation of two companies into one based on mutual agreement and with one management

7 0
3 years ago
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