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2 years ago

Explain the method of bookkeeping ?

1 answer:

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The two main accounting methods are cash accounting and accrual accounting. Cash accounting records revenues and expenses when they are received and paid. Accrual accounting records revenues and expenses when they occur. Generally accepted accounting principles (GAAP) requires accrual accounting.

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B Corporation, an accrual basis taxpayer, is owned 75 percent by Bonnie, a cash basis taxpayer. On December 31, 20X1, the corpor

Luda [366]

Answer:

c. $15,000

Explanation:

The explanation for this question is given in the attachment below.

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3 years ago

Lori prefers to purchase cosmetics at self-service drug stores as saleswomen at cosmetic counters in department stores intimidat

Stells [14]

Answer: Social comparison

Explanation:

The social comparison is one of the important theory in the society which state that the individual person can determine their own personal and the social importance by comparing their own qualities with the other people. The coal comparison is mainly proposed by the Leon festinger in the year 1954.

According to the given scenario, the self evaluation is basically conducted by the Lori is best illustrate example of the social comparison as people generally compared themselves with the other people for the purpose of self motivation and improvement.

Therefore, Social comparison is the correct answer.

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2 years ago

Several company users are frequently forgetting passwords for their mobile devices and applications. Which of the following shou

Lera25 [3.4K]

Answer:

The correct answer is A. Implement single sign-on.

Explanation:

The single sign-on (SSO), is the working method by which workers gain access to different business applications through a registration procedure. For example, when you log in from your computer, you connect directly to all the computer software. There are two ways of single sign-on:

Basic SSO
Federated SSO

With the basic SSO, the password is saved in a "vault", a type of virtual security. This storage usually occurs in the cloud. Then, that vault password is retrieved for all applications that must log in later.

Federated SSO is a more advanced form of single sign-on. In this case, the password data is not stored or transmitted. First, they become tokens. Therefore, another code is created and the original password is not known by any other system.

4 0

2 years ago

High-technology corridors have sprung up in the global economic core. The resulting collection of high-tech industries has been

aleksandr82 [10.1K]

Answer:

Boston

Explanation:

Based on the information provided within the question it can be said that A similar concentration has appeared around the city of Boston in the eastern United States of America. Similar to how "Silicon Valley" started, Boston has seen a drastic increase in Startup companies setting up shop in their city. This large amount of startups has attracted a lot of tech savy individuals to Boston and has created a similar environment to Silicon Valley.

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3 years ago

Opal Company manufactures a single product that it sells for $100 per unit and has a contribution margin ratio of 30%. The compa

yarga [219]

Answer:

$490,000.

Explanation:

To find out sales of Opal Company we will use below equation,

Sales = Variable cost + Fixed cost + Target profit

variable cost margin will be (1 - contribution margin)

= 0.7 (1 - 0.3)

we will consider sales as x,

x = 0.70x + $49,000 + 0.20x

x = 0.90x + $49,000

x - 0.90x = $49,000

x = $49,000 / 0.10

x = $490,000.

Sales = $490,000.

7 0

3 years ago

Explain the method of bookkeeping ?​

Explain the method of bookkeeping ?