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2 years ago

1. Which of the following courses in high school would be most helpful for a person wanting a

Business

1 answer:

den301095 [7]2 years ago

3 0

Accounting is the course which will be most helpful.

Accounting is one of the courses that are offered in high school along side others courses such as Business management, Consumer education, Entrepreneurial skills and so on in the "business section".

Finance means the act of managing of money by individuals, governments or large companies. individual with this skills are highly sought for to help the organization manage its resources effectively.

In conclusion, Accounting teaches a wide range of money management skills, how to record transaction for future purpose, so, the most helpful course for a person wanting a career in finance is "Accounting"

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Bonita Industries applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the und

kotegsom [21]

Answer:

$1,666,000 applied and $9,000 under-applied.

Explanation:

Given that,

Estimated annual overhead cost = $1,700,000

Actual annual overhead cost = $1,675,000

Estimated machine hours = 500,000

Actual machine hours = 490,000

Predetermined Overhead Rate:

= Estimated annual overhead cost ÷ Estimated machine hours

= $1,700,000 ÷ 500,000

= $3.40 per machine hour

Overhead Applied:

= Actual machine hours × Predetermined Overhead Rate

= 490,000 × $3.40

= $1,666,000

Under-applied Overhead:

= Actual annual overhead cost - Overhead Applied

= $1,675,000 - $1,666,000

= $9,000

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3 years ago

What resources are required to have a successful business?

schepotkina [342]

Answer:

work nice be success in your life I don't know answer

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3 years ago

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What are the accounting differences between cash and receivables from the perspective of a buyer? A seller? How are these differ

bogdanovich [222]

Answer:

From a buyer's perspective, a sale made on credit represents a liability. While a sale made on cash represents a decrease of current assets.

From a seller's perspective, a sale made on credit or cash increases current assets, but the possibility of a bad debt always exist, therefore, accounts receivables must be periodically adjusted due to bad debts.

If the seller or buyer uses accrual accounting system, the previous description holds, but if they use cash basis accounting, things change a lot. When use cash basis, transactions are recorded only when cash is exchanged, so accounts receivables do not actually increase assets (seller's perspective), and accounts payables do not increase liabilities (buyer's perspective).

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2 years ago

How does Quickbooks online use smart learning?

kvasek [131]

Answer:

Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?

Explanation:

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2 years ago

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Question 1 (1 point)

AlexFokin [52]

Answer: $75

Explanation:

After deduction all expenses and taxes, the balance left either at hand or in bank is the discretionary income.

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3 years ago