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lina2011 [118]
3 years ago
8

In which 3 cases would you use the "Add funds to this deposit" grid in a Bank deposit in qbo

Business
1 answer:
Lapatulllka [165]3 years ago
5 0

Based on accounting operation analysis, the 3 cases where one can use the "<em>Add<u> </u>funds to this deposit<u>"</u></em> grid in a Bank deposit in QBO include "<u>When a company doesn't need to record sales details."</u>

The other cases where one can use the "<em>Add funds to this deposit</em>" grid in a Bank deposit in QBO include the following:

  • When an employee reimburses the company
  • When you receive a tax refund from the IRS

<h3>What is QBO?</h3>

QBO is the acronym for QuickBooks Online Accounting Software. Business firms use it to monitor expenses, coordinate cash flow & establish invoices.

Hence, in this case, it is concluded that QuickBooks Online is a vital tool to possess by any business firm.

Learn more about QuickBooks Online here: brainly.com/question/25795288

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To make bond purchases, the Fed gets the money __________. Select the correct answer below: exclusively from proceeds it has rec
MaRussiya [10]

Answer: by creating it

Explanation:

Here are the options:

a. from proceeds it has received from selling bonds in the past.

b. from dues paid to it by member banks.

c. by creating it.

d. from the government.

During recession, the government used the expansionary policies in order to improve and stimulate the economy. Buying bonds by the government is a way of increasing money supply in the economy.

To achieve this, the government simply has to create it which can simply be done by printing the currency.

6 0
4 years ago
A company has $ 235 comma 000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The
Paul [167]

Answer:

$14,100

Explanation:

The computation of the amount record estimated uncollectible​ accounts are shown below:

= Credit sales × estimated percentage

= $235,000 × 6%

= $14,100

We simply multiply the credit sales with the estimated percentage so that the accurate amount can come

The journal entry is shown below:

Bad debt expense A/c Dr  $14,100

  To Allowance for doubtful debts  $14,100

(Being the adjusting entry is recorded)

3 0
4 years ago
Tamery Corp. is engaged in marketing various goods and services. It buys products from various manufacturers and sells them to b
antiseptic1488 [7]

Answer:

B. It sells books to students.

Explanation:

Students is the only end-consumer in the choice of option.

8 0
3 years ago
When an organization has a diverse set of employees that can provide insight and cultural sensitivity, this should improve the c
Alchen [17]

Answer:

Higher Creativity in Decision Making due to diversity and understanding of the environment in which it operates.

Explanation:

The reason is that the diversity brings access to great pool of hidden resources which we can utilize in a number of ways. People are observer and can play a vital role in the designing of strategic stance of the company. This strategy will influence company's financial position in future. So diversity helps in understanding of environment (environmental analysis) and informed decision making.

7 0
3 years ago
A collection of verbal and symbolic assertions that specify how and why variables are related, and the conditions under which th
Vladimir79 [104]

Answer:

-1 to +1

Explanation:

The correlation coefficient range is from -1 to +1.

-1 shows that there is perfect negative correlation.

+1 shows that there is perfect positive correlation.

0 shows there is no correlation.

Positive correlation shows that with the increase of let's say X, there would also be increase of Y. They would positively move together

Negative correlation shows that two variable move in opposite direction.

6 0
3 years ago
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