1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Juli2301 [7.4K]
2 years ago
9

3 true statements about recording journal entries in Quickbooks

Business
1 answer:
Allushta [10]2 years ago
3 0

Answer:

Explanation:

Journal entries allow you to correct inaccurate information in your accounting records or add transactions that you cannot add in other sections of the software, such as tax adjustments or depreciation expenses.

What are the 3 golden rules?

Golden Rules of Accounting

Debit the receiver, credit the giver.

Debit what comes in, credit what goes out.

Debit all expenses and losses and credit all incomes and gains.

You might be interested in
Deluxe Company has the following information: Total estimated manufacturing overhead costs $300,000 Total estimated machine hour
cluponka [151]

Answer:

its a formula, however long the machine is running the manufacturing rate will be higher thus increasing their income

Explanation:

7 0
3 years ago
Which of the following can result from inflation in the United States?
Semenov [28]

Answer:

b. Investors buy products in other countries.

Explanation:

Inflation causes higher cost of production for manufacturer which then charge high cost for the products. Thus, if there is inflation in US, product cost will skyrocket thus companies will buy products from other countries where the product might be at a cheaper cost.

4 0
2 years ago
Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the
expeople1 [14]

Answer:

a. 4,000

Explanation:

Units in ending inventory

= Units in beginning work in process + Units started into production - Units transferred to the next department

= 2,400 + 10,500 - 8,900

= 4,000 units

8 0
3 years ago
The price of crude oil increases 50%. This will cause a change in ( supply/ quality supplied )
Paladinen [302]

Answer:

See below

Explanation:

A price increase motivates suppliers to avail more products for sale in the markets. High prices tend to have a high margin hence more profits. Like other businesses, oil producers are profit-motivated; they will supply more quantities if there is a high probability of making more profits.

The law of supply explains the correlation between supply and price. As prices increase, supply also tends to increase.

5 0
3 years ago
What major financial problem does a person face when trying to cash a paycheck without a bank account?
Svetllana [295]

Answer:

D) Paying a fee at another financial institution to cash the check. thats the answer

Explanation:

6 0
4 years ago
Other questions:
  • Company ABA showed its customers products with various combinations of features and attributes, with price being one of them. It
    10·2 answers
  • Tara Company owns 30% of Hawkins, Inc. and applies the equity method. During the current year, Hawkins buys inventory costing $4
    13·1 answer
  • The Riteway Ad Agency provides cars for its sales staff. In the past, the company has always purchased its cars from a dealer an
    10·1 answer
  • Kingbird Company exchanged equipment used in its manufacturing operations plus $4,200 in cash for similar equipment used in the
    11·1 answer
  • Kevin owns one share of Acme, Inc. stock. He purchased the stock three years ago for $29. The stock is currently trading for $29
    5·1 answer
  • The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity
    12·1 answer
  • HELP QUICK! Scanners, copiers, webcams, flash drives, and printers are examples of
    14·2 answers
  • 1. Ian wants to become an architect after high school. He is not sure which courses would be beneficial for him to take. The bes
    6·1 answer
  • A U.S. investor has borrowed pounds, converted them to dollars, and invested the dollars in the United States to take advantage
    10·1 answer
  • Step 4: Use the line chart to determine the approximate price of the stock at the beginning of 2003. How much money would you ha
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!