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
Answer:
A. 2 to 5 percent of sales
Explanation:
According to the text, management contracts usually stipulate that a fee of 2 to 5 percent of sales be paid to the firm providing the management expertise.
Answer:
The answer is: Uniform Standards of Professional Appraisal Practice (USPAP)
Explanation:
The USPAP represents the ethical and performance standards that real estate professionals must follow when they provide appraisals. It is updated every two years and real estate professionals that want to become real property appraisers must take and pass the national USPAP course, and every two years they must take the update course.
Answer:
The correct answer is letter "B": Master production schedule.
Explanation:
A Master Production Schedule (MPS) is a detailed plan that outlines what products and in which quantities products should be manufactured over a certain period. This schedule contrasts the Aggregate Production Plan (APP) which has a broader scope in business production not only for a product but for a product family usually in large plants.
<em>MPS planning horizon is shorter than the APP but easier to understand assuming the demand for the product is constant. The MPS lead time to produce a good tends to be longer than the APP.</em>
Answer and Explanation:
The journal entry is shown below:
On dec 5
Purchase Dr $4,000
To account payable $4,000
(being inventory purchase on account is recorded)
Here the inventory is to be debited as it increased the assets and credited the account payable as it also increased the liabilities