explain the method of bookkeeping ?​

Answers

Answer 1
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.

Related Questions

A customer buys 100 shares of ABC stock, which is now trading at $63. The customer wants to create a dividend supplement to the position. He should: A buy a call B buy a put C sell a call D sell a put

Answers

Answer:

sell a call

Explanation:

He should sell a call because he wanted to create a dividend supplement to the position.

What is selling a call?

This involves a call sellers who have an obligation to sell the underlying stock at the strike price and have a short call position.

Hence, as he wants to create a dividend supplement to the position, then, the best option is to sell a call.

Therefore, the Option C is correct.

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A mother wants to divide $680.00 among her children according to the ratio 2:4:6. The shares would be

Answers

Answer:

The shares would be… 113.33, 226.66, and 340

Explanation:

First step

2:4:6=12

2/12=1/6

4/12=1/3

6/12=1/2

Step 2

Since 1/6 of the money is for one child it would be 1/6 times (of) 680. This equals 113.33, you do the same for the other two children. You get 226.66 and 340 for the other two children.

:)

Coin dealers, precious metals dealers, and some banks sell gold bullion in amounts ranging from _____ grams to 500 ounces or more.

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Based on financial management, Coin dealers, precious metals dealers, and some banks sell gold bullion in amounts ranging from 5 grams to 500 ounces or more.

What is gold bullion?

Gold bullion is generally refined gold with an excellent standard of elemental purity. The current standard practice in selling gold bullion range from 5 grams to 500 ounces or more.

Example of Gold bullion

Some gold bullion made entirely of gold include the following:

BritanniaCanadian Maple LeafAmerican Buffalo, etc.

Hence, in this case, it is concluded that the correct answer is 5 grams.

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what does it mean when the fed raises interest rates

Answers

What Happens When the Fed Raises Rates?

——> When the Fed raises the federal funds target rate, the goal is to increase the cost of credit throughout the economy.

Tim loves to landscape and wants to start a landscaping business. Which of the following is a challenge he may face?

1. He will have no variety throughout the day.

2. He will have no control over his work

3. He will have to follow a strict dress code

4. He will have unpredictable income



Please hurry I’m doing a final exam + will give brainliest

Answers

Answer:2 Maybe

Explanation:

When applying for a job, which document should you tailor to fit the job posting?

Both the cover letter and the résumé

Neither the cover letter nor the résumé

Only the cover letter

Only the résumé

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both the cover letter and résumé

Which factor could affect the relative value units of a procedure?

Answers

It should be noted that the factors that could affect the relative value units include the physicians work and practice expenses.

It should be noted that the relative value units of a procedure don't define the physician's compensation amounts directly.

The relative value units of a procedure define the value of a service. It includes physicians work, practice expenses, liability insurance expenses, etc.

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your company is manufacturing a new product , you need to establish a product quality control process. what are three things you must do to create/ establish. your product quality control process? (choose 3). 1.) developing the product website and social media campaign ? 2.) setting up your test market strategy ? 3.) review the results of internal quality assurance testing ? 4.) establish the method to use or testing product quality ? 5.) determine what standards have to be met based on the product and industry ? 6.) publish your test results in a popular professional journal?

Answers

Answer:5,4,and1

Explanation:


Employees who work on commission typically work in
education

Answers

Answer:

Is this true or false? What are the options to answer

Explanation:

A sales commission is a sum of money paid to an employee upon completion of a task, usually selling a certain amount of goods or services. Employers sometimes use sales commissions as incentives to increase worker productivity. A commission may be paid in addition to a salary or instead of a salary. The Fair Labor Standards Act (FLSA) does not require the payment of commissions.

David Gain is the chief executive officer (CEo) of Forest Media Corp., which is interested in acquiring RS Communications, Inc. To initiate negotiations, Gain meets with RS's CEo, Gill Raz, on Friday, July 12. Two days later, Gain phones his brother, Mark, who buys 3,800 shares of RS stock on the following Monday. Mark discusses the deal with their father, Jordan, who buys 20,000 RS shares on Thursday. on July 25, the day before the RS bid is due, Gain phones his parents' home, and Mark buys another 3,200 RS shares. over the next few days, Gain periodically phones Mark and Jordan, both of whom continued to buy RS shares. on August 5, RS refuses Forest's bid and announces that it is merging with another company. The price of RS stock rises thirty percent, increasing the value of Mark's and Jordan's shares by nearly $660,000 and $400,000, respectively.

Required:
a. Is Gain guilty of insider trading?
b. Could a court hold Gain liable? Why or why not?

Answers

Based on the scenario described and the actions of those related to Gain:

a. Gain is indeed guilty of insider trading b. A court could indeed hold Gain liable

Insider trading:

Occurs when one buys shares because they know something that the rest of the public does not Allows such traders to gain great profits or avoid huge losses

When a company is to be acquired, its shares generally rise in price. Gain must have told his brother that he was trying to acquire RS Communications which was why both his brother and father purchased those shares.

In conclusion, Gain engaged in insider trading because his brother and father bought RS shares knowing they would rise as a result of the confidential information Gain shared with them and a court would hold him liable for this.

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what is the first step in the feedback control system?

Answers

Answer:

The first step in the positive feedback loop is the stimulation that sets off the loop in order to complete a process.

​________ play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

Answers

Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.

The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.

By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

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A company buys electronic components, assembles them into PCs, and then ships them to customers. In this case the electronic components are _____ for the company.

Answers

Answer:

inputs

Explanation:

inputs are what is brought into the company to help it function. In this case, the inputs are the electronic components.

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A key to effective leadership is the ability to : A. maintain order, stability, and control. B. communicate a vision and rally others around that vision. C.

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Being able to communicate is a key to effective leadership

Effective leadership is one that has strong values and guides their decision-making process. The honest in terms of the interactions and creative in terms of stability and order.

Hence they think out of the box and come up with an innovative solution. Hence the option A is correct that is  maintain order, stability, and control

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Integrated Marketing Communication involves coordinating only paid personal communications. True False

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it is false that Integrated Marketing Communication involves coordinating only paid personal communications because it involves paid and non-paid personal communications.

A paid personal communications entails the communication channel which requires payment such as advertisement.

An Integrated Marketing Communication entails integrated marketing elements which helps to communicate with the customers.

The element of Integrated Marketing Communication includes:

public relationssocial mediaaudience analyticsadvertising etc

In conclusion, it is false that Integrated Marketing Communication involves coordinating only paid personal communications because it involves paid and non-paid personal communications.

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when demonstrating 2022 versa’s smooth acceleration, what should you point out is the effect of d-step tuning on the xtronic cvt®?

Answers

Based on automobile analysis, when demonstrating 2022 versa’s smooth acceleration, to point out the effect of d-step tuning on the X-Tronic CVT is that "During rapid acceleration, the transmission simulates shifts."

Generally, Versa 2022 is one of the latest vehicles released by the Nissan automobile manufacturer.

This particular vehicle was designed to meet the modern features and give users an easy ride experience and navigation.

Hence, in this case, it is concluded that the correct answer is "During rapid acceleration, the transmission simulates shifts."

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Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value. II. The selling rate is above 100. III. It is sold by corporations, not by the government. A. I and II b. I only c. III only d. I, II, and III.

Answers

Answer:

Its A

Explanation:

I took the test

Answer:

A

Explanation:

edge

Olivia asks several real estate agents to help her sell her house. A buyer is found. At the closing, no agent receives a commission. What type of listing agreement did Olivia make

Answers

Answer: Open Listing

Explanation: The seller sold the real estate herself therefore she did not have to pay a commission.

Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?

Answers

Answer:

The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.

what are the advantages of 2022 versa’s cvt having auxiliary gearing?

Answers

Based on automobile features analysis, the advantage of 2022 versa’s CVT having auxiliary gearing is that "it gives the car the ability to move over different surface types such as rocky land, hills, sand, mud, grass, etc."

Auxiliary gearing in 2022 versa’s CVT

The Auxiliary gearing in 2022 versa’s CVT is designed to transmit power from the engine to the wheels to make all the wheels gain transmitted power, torque, and traction and navigate easily.

Auxiliary gearing in 2022 versa CVT gives the car the ability to move quickly regardless of the nature of the surface.

Hence, in this case, it is concluded that the Auxiliary gearing enhances the easy navigation of cars.

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In the demolition of an old building, a 1,300 kg wrecking ball hits the building at 1.07 m/s2.

Answers

Answer:

f=ma

f?

m=1300kg

a=1.07m\s squared

f=1300kg x 1.07=1391N

Explanation:

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which is the largest source of tax revenue in the united states?

Answers

Answer:

Individual income taxes.

Explanation:

This has been the largest single source of federal revenue since 1950.

What is the annual cost attributed to the treatment of mental illnesses and the relative loss of income in the United States

Answers

There are indirect cost of mental illness in the world today. The annual cost attributed to the treatment of mental illnesses and the relative loss of income in the United States is $467 billion.

Mental illness is simply  known as mental health disorder. This is simply defined as large scope of mental health conditions. This disorders often influence one's mood, thinking and behavior.

The common Examples are depression, anxiety disorders, schizophrenia, eating disorders, etc.

There are over 43.8 million adults that experience mental illness in a given year as stated by research and as such demands a lot of money for treatments.

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The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.

Answers

Answer: uniqueness

Explanation:

The uniqueness of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.

Which of these is a characteristics of real estate?

In business terms, real estate is an instrument of investment. Real estate has seven specific characteristics related to its economic impact or physical nature. They are scarcity, improvements, location, investment permanence, uniqueness, immobility, and Indestructibility.

What is the most important characteristic of real estate?Permanence of investment is also known as fixity and means investments in real estate are long-term. This is due to the physical characteristics of indestructibility and immobility. Since land is immobile, investment in property becomes fixed. Land cannot be moved if the market becomes better in another location.

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what is term for the ability to easily turn assets or investments into cash?

Answers

The one on the top is correct

Why do some firms, industries, and cultures have different CSR thresholds than others? Illustrate your answer with real examples for all three categories.

Answers

Some firms, industries and cultures have different corporate social responsibility (CSR) thresholds than others due to differences in the operating area, level of business complexity and legal and cultural differences between countries.

Corporate social responsibility is an increasingly growing requirement in today's society, which considers organizations to be institutions that promote social and environmental development.

CSR types can be:

PhilanthropyPreservation of the environmentDiversity and Work PracticesVolunteering

Therefore, each company will identify the best strategy to implement CSR in its processes, in order to create value for stakeholders, increase employee satisfaction, be more competitive and positioned in the operating market.

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David sometimes brings hard boiled eggs for lunch at work, which several of his coworkers do not enjoy the smell of. One day at work, David and his coworkers discussed how they could best share the break room space. They decided that on days David brought in hard boiled eggs he would eat them in his office rather than in the break room.

Answers

There are different types of conflict. The above Scenario is called functional Conflict.

Conflict is one that has both negative and positive consequences. It can result in change, improve situations and bring about new solutions.

There are Two types of conflict that often takes place within a company. They are functional and dysfunctional.

Functional conflict is said to be a form of conflict that is healthy, consist of constructive disagreement between groups or individuals.

Conclusively, Functional conflict among employees helps them to express their viewpoints as in the case of David's co-worker. This can help them identify the problem and then make a way out to resolve it.

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how much does it cost to tent a house for termites

Answers

Termite Treatment Cost

Termite treatment costs between $222 and $931, or $576 on average. Depending on the type of treatment, size of your home and severity of the infestation, you may pay anywhere from $3 to $16 per linear foot. Compare quotes from exterminators near you for the best treatment solution and price. Dealing with termite problems gets more expensive over time. The moment you suspect your home has them, you should hire a pro for inspection and treatment.

If country A has a comparative advantage in the production of good X over country B, then:_________.
i. country A should not trade with country B.
ii. the domestic opportunity cost of producing X in country A is higher than in country B.
iii. the domestic opportunity cost of producing X in country A is lower than in country B.
iv. the domestic opportunity cost of producing X in country A is higher or lower than in country B.

Answers

Answer:

i believe your answer is option c. correc me if im wrong

Explanation:

the difference between a budget and a standard is that:

Answers

Answer:

A budget is a total amount, while a standard expresses only a unit amount.

Explanation:

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