How can we apply accounting and bookkeeping in our daily lives?

Answers

Answer 1
Draw up a monthly budget. A monthly budget can do wonders for managing your month-to-month living expenses

Related Questions

who is your favorite waifu​

Answers

Answer:

Toothless

Explanation:

Best waifu ever, no matter what gender.

Answer: hinata from naruto shippuden

Explanation:

What are the location factors of coca-cola? (Give me 2-4 factors)

Answers

Answer:

Labor Productivity: ...

Exchange rates and Currency Risk: ...

Costs: ...

Political Risk, Values and Culture: ...

Proximity to Markets: ...

Proximity to Competitor:

True or False
Excessive inventory ties up your money so that you cannot use it elsewhere in your business.

Answers

Answer:

True

Explanation:

An inventory cost can be defined as all costs such as carrying cost, stock out (shortage) cost and ordering cost that are associated with the procurement, holding (storage) and management (handling) of inventory.

Raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.

Excessive inventory arises when stocks or products are kept for a very long period of time, haven failed in selling them to consumers in a timely manner. Thus, any unsold product that has exceeded the projected consumer demand is generally referred to as an excessive inventory.

Hence, excessive inventory ties up your money so that you cannot use it elsewhere in your business. This is usually as a result of stock obsolescence.

Jeff is trying to buy a new car. Which of the following may cause him not to be able to get a loan to purchase the car?

A. Jeff's credit report shows he makes all of his payments on time.

B. Jeff has had a credit history for 10 years.

C. Jeff has a low credit score.

D. All of the above.

Answers

The answer to this question is all of the above so d

how to work out opening balance?​

Answers

Answer:

...

Explanation:

Answer:

Opening Balance (what you have in bank at the start) plus Total Income (what money comes in) minus Total Expenses (what money goes out) equals Closing Balance (what money you have left). The Opening Balance is the amount of cash at the beginning of the month (1st day of month).

Suppose Rob, an avid golfer, spent a total of $3000 on green fees for the 100 rounds of golf he played in 2018 and a total of $2800 on green fees for the 100 rounds of golf he played (on the same courses) in 2019. Rob's nominal consumption of golf in 2019 was _____ his nominal consumption level in 2018 and his real consumption of golf in 2019 was _____ his real consumption level in 2018.

Answers

Answer: less than; thesame as

Explanation:

Nominal values refers to the current prices for goods and inflation isn't considered in this case. Real values take inflation into consideration, and in this case adjustments are made for price changes.

Based on the information given, Rob's nominal consumption of golf in 2019 will be lower than his nominal consumption level in 2018 because he spent $2800 in 2019 and $3000 in 2018.

Also, his real consumption of golf in 2019 was thesame as his real consumption level in 2018 because played 100 rounds of golf in both years.

Which of the following is SIQ most likely to
stand for?
A. Station Identification Questionnaire
B. Standard Item Questionnaire
C. Software Inventory Questionnaire
D. System Identification Questionnaire
E. Station Inventory Questionnaire

Answers

The answer: is E
Explain: hope this helps

Both a questionnaire and an inventory are examples of surveys. Simple to-answer questions are included in the questionnaire. These inquiries are made in an effort to obtain information, and they frequently concern particular topics.

Thus, Option E is correct.

What is the questionnaire data collection method?

A questionnaire's objective is to gather data from respondents regarding their attitudes, experiences, and opinions. Questionnaires are frequently utilized in social and health sciences and market research. In order to increase customer satisfaction and profitability, our inventory assessments evaluate strategies, inventory management systems, processes, and procedures for developing new goods and managing inventory.

A questionnaire's objective is to collect information from a target audience. It will contain closed-ended and open-ended questions or a mix of the two.

For more information about the questionnaire refer to the link:

https://brainly.com/question/27972710

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what is the square root of 11200​

Answers

Answer:

The square root of 11200 is 105.83005244258.

Explanation:


QUESTION 1 of 10: Identity theft is important to be aware of because:
O a) Once your identity is stolen, it can't be used again by another thief
Ob) Once your identity is stolen, it is impossible to ever have good credit again
Oc) Once your identity is stolen, it will not affect your life once you are on your own
O d) Once your identity is stolen, it can be fraudulently sold, and others can continue to use your good credit to obtain credit cards and loans

Answers

The answer is D because once your identities is stolen it can be stolen again and again, your credit stays the same it’s not your fault it got stolen and someone stealing it does mean they get to get money out your bank account and obtain loans

Which of the following are true of price bundling? (Choose every correct answer.) Multiple select question. Price bundling helps customers stock up on a product. Each item within the bundle must have about the same value as others within that bundle. Different prices are charged to different people for the same bundle of products or services. Several popular items are frequently sold together for a lower combined price. A less popular item is sometimes bundled with a more desirable item.

Answers

Answer:

Price bundling helps customers stock up on a product.

A less popular item is sometimes bundled with a more desirable item.

Several popular items are frequently sold together for a lower combined price.

Explanation:

As the name suggest Price bundling is to combined the various products and convert into a package so that if the consumer calculate its individual price so it would be high as compared to the package. Here the profits could be increased due to promotion of more than one item

So according to the given options, the following statements should be considered true

It would help the customer to stock up the product

An item i.e. less popular can be bundled with the desriable item

Also the various kind of items would be sold at very less price

Sales in 2015 1400000 at December 31,2015, before adjusting entire account receivable 250000debit allowance for doubt full account 2400 credit 2% net sales will prove uncollectible, prepare the December 31,2015, journal entry to record bad debt expense.

Answers

Answer:

Dr Bad Debt Expense $28,000

Cr Allowance for Doubtful Accounts $28,000

Explanation:

Preparation of the December 31,2015, journal entry to record bad debt expense.

Based on the information given the December 31,2015, journal entry to record bad debt expense will be :

Dr Bad Debt Expense $28,000

Cr Allowance for Doubtful Accounts $28,000

($1,400,000 *2%)

(To record bad debt expense)

In a private company's accounting system, inputs are __________ and outputs are _________. Multiple Choice marketing strategy-type information; sales data results of surveys on consumer satisfaction; accounts payables transactions such as sales, payroll, and other expenses; financial statements transactions such as the cash flow statement; payroll taxes

Answers

Answer:

Explanation:

transactions such as sales, payroll, and other expenses; financial statements

The correct answer is Inputs are accounts payables transactions such as sales, payroll, and other expenses; outputs are financial statements transactions such as the cash flow statement.

Here is a breakdown of the answer:

Inputs: These are the data that are entered into the accounting system. In a private company's accounting system, the inputs would typically include accounts payables transactions, such as sales, payroll, and other expenses.

Outputs: These are the reports and documents that are generated from the accounting system. In a private company's accounting system, the outputs would typically include financial statements, such as the cash flow statement.

The other options are not correct because they are not typically included in a private company's accounting system.

For example, marketing strategy-type information and results of surveys on consumer satisfaction is typically not included in the accounting system. Payroll taxes are also not typically included in the accounting system, as they are usually handled by a separate department.

Thus , accounts payables transactions and financial statements transaction is the correct options.

Learn more about transactions, here:

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Each time Eddie's Cars sells a vehicle, the company receives a larger discount from the manufacturer. At the end of the fiscal year, the company often slashes its prices by several hundred dollars per car because that amount will be more than offset by the increased discount the company receives from the manufacturer. The manufacturer is giving Eddie's Cars ______. Multiple choice question. a seasonal discount zone pricing a cumulative quantity discount a slotting allowance

Answers

Answer:

a cumulative quantity discount

Explanation:

The cumulative quantity discount  is the discount that is depend on the value of the good purchased over a time period. The discount would be applied for any kind of shipments that made within the timeframe.

Just like if wholesaler make an offer that if the purchase is done more than $5,000 so 5% discount is applied

So according to the given situation, it represent the cumulative quantity discount

If each piece of a 10 piece puzzle had a word that represented you on it, what 10 words would we see?

Answers

Answer: brave,strong, funny, short, smart, unique, beautiful, amusing, pretty

Explanation:

How long does it take to make an impression?

Several minutes
30 seconds
One hour
2 minutes

Answers

How long does it take to make an impression?

2 minutes

I guess.

may this helps you

bye

about 30 seconds depending on what they dress or talk about

What is debt financing?

Answers

Answer:

Definition: When a company borrows money to be paid back at a future date with interest it is known as debt financing. ... Debt financing is a time-bound activity where the borrower needs to repay the loan along with interest at the end of the

Explanation:

Hope it helps! Correct me if I am wrong!

I'm sure about my answer!

If you dont mind can you please mark me as brainlest?

Its ok if you don't want to!

But i hopefully it helps you!

Answer:

Debt financing occurs when a company raises money by selling debt instruments to investors. Debt financing is the opposite of equity financing, which entails issuing stock to raise money. Debt financing occurs when a firm sells fixed income products, such as bonds, bills, or notes.

Explanation:

Let's pretend you have $1,200 a month to spend on rent. Be sure that there is at least
one apartment complex and one home on your list. Compare the three properties,
listing the pros and cons. Consider advantages or disadvantages related to the number
of bedrooms, location, amenities, and total floor space.
Which rental property would you choose based on your findings and why?

Answers

Answer:

Apartment 1:

pros:

- no previous tenants

- gym

fireplace

- garage

cons:

- 1 bedroom

- 1 bathroom

- no pool

- small kitchen

- no closet space

Apartment 2:

pros:

- pool

- 3 bedrooms

- 2 bath

- gym

cons:

- small bedrooms

- limited storage space

- holes in the wall

- mold

Apartment 3:

pros:  

- 2 bedroom

- 2 bathroom

- pool

- hot tub

- garage

- large kitchen space

- storage closets

cons:

- none

I'd choose apartment 3 based off of the things I found inside home. Everything is great and brand new, under $1,200 and exactly what to look for. It's the best choice out of all three options.  

Explanation:

I looked around for the answer to this question but couldn't find it. I created my own answer and got a 100. Hope this helps.

help!!
list 5 importance of freedom​

Answers

Answer:

people can do what they want (with limitations)

people can say what they want (with limitations)

people can believe in what they want

and thats all ive got. good luck on the last two tho

What is the difference between a co-payment and co-insurance?
(please write full complete sentences)

Answers

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

Which are affected by the factors of production? Choose three answers.

the demand of the item
the availability of the item
the cost of the item
the quality of the item
the popularity of the item

Answers

Answer:

A.)- the demand of the item

C.)- the cost of the item (some factors are more expensive and rare than other)

D.)- the quality of the item

Explanation:

Answer:

A. the demand of the item

C. the cost of the item

D. the quality of the item

Explanation:

What would happen if a state or municipality suddenly lost its tax base? Explain if this would have any impact on it's cost of borrowing funds. Why?

Answers

Answer:

Following are the responses to the given question:

Explanation:

The tax base seems to be the amount that is added to both the income tax, that is which tax rate is the percentage of national economy collected as just a tax. Consequently, it is important to find an income tax that understands the tax base.

Whether this amount of tax would pay is not declared or decided if the state or city suddenly loses its local economy.

Impact mostly on the cost of credit

Its cost of debt before tax rebate funds = interest amount on the debt – any reduction in income tax which rose because of deductible profits. The costs of lending are real games calculated in anticipation of tax, however, the difference is DEDUCTIBLE in INTEREST EXPENSES.

This tax rate also increases the cost of lending and gives more income protection.

It's because when taxes become available, the company can save money on tax returns as it ultimately removes some profits.

Conclusion:

However it is lost about the tax base, however, the judgment could not be made afterward the amount to borrow as debt could be evaluated of that "TAX REVENUE OFFSET."

Which type of borrowing option would most likely result in the borrower
paying the highest amount of interest?
A. A card with a high compound interest rate
OB. A card with a low simple interest rate
ООО O
C. A card with a low compound interest rate
D. A card with a high simple interest rate

Answers

Answer:

A. A card with a high compound interest rate

Explanation:

it is most likely to result in the borrower

A healthcare organization in Canada outsources its insurance work to a service provider in South Asia. The employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia. Slowly, the healthcare organization is reducing the level of outsourcing and is employing people in Canada. Which of the issues associated with offshore outsourcing describes the above scenario

Answers

Answer:

Diminishing cost advantages

Explanation:

Diminishing cost advantage is a decline in the coat benefits that offshore outsourcing offers.

Offshore outsourcing occurs when a company outsources part of its operations to a foreign company.

The main benefit of such a move is a reduction in cost.

However when the benefits decline it is referred to as diminishing cost advantage.

In the given scenario employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia.

This will result in more cost for the company through its outsourcing activity

Alisa is employed by Hallmark Cards, Inc., where her responsibilities include maintaining displays of greeting cards in drugstores and discount stores. Her daily activities include straightening the cards, pulling outdated or slow sellers, and installing new cards. Alisa is called a(n) specialty-line wholesaler. full-service stocker. in-store maintainer. assembler. rack jobber.

Answers

Answer: rack jobber.

Explanation:

A rack jobber is alsso called a rack merchandiser and it refers to a company or a trader that display products and also sells such products in a store.

Since the responsibilities of Alisa include displaying the greeting cards, straightening the cards, pulling outdated cards, and installing new cards, then we can infer that Alisa is a rack jobber.

Culture is the accepted behaviors, customs, and values of a society.
True
False

Answers

Answer:

True

Culture is the accepted behaviors, customs, and values of a society.

Answer:

its true hope it helps you

Scenario: Fiscal Policy Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade. Its currency is the arc. Potential output is 600 billion arcs. Reference: Ref 13-11 (Scenario: Fiscal Policy) Look at the scenario Fiscal Policy. Suppose the government decides to tax its citizens. The tax multiplier is: Group of answer choices impossible to determine. zero, because changes in taxes have no effect on aggregate demand. greater than the government spending multiplier. less than the government spending multiplier.

Answers

Answer:

less than the government spending multiplier

Explanation:

Given :

Percentage spends  by a households for the increase in the income = 75%

So the mpc = 0.75

Potential output = 600 billion arcs

The government multiplier is = [tex]$\frac{1}{1-0.75}$[/tex]

                                                [tex]$=\frac{1}{0.25}$[/tex]

                                                = 4

The tax multiplier is = [tex]$\frac{c}{1-c}$[/tex]

                                 [tex]$=\frac{0.75}{0.25}$[/tex]

                                 = 3

Thus we see that the tax multiplier is less than the government spending multiplier.

Choose the term that best matches the description given.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Pls help me. I will give best answer

Answers

Answer:

I have no idea is that history

Businesses that provide steady employment may qualify for a reduction in unemployment taxes based on:
O experience rating system
O ability to make payments
O number of accidents

Answers

Ability to make payments

Explain why a positive attitude, high -esteem, and enthusiasm contribute to career success

Answers

Answer:

A positive attitude, high-esteem, and enthusiasm contribute to career success because they make the worker approach their activities, projects and ideas with a positive mindset, trusting in their abilities and anticipating a positive result, facing and overcoming their fears and always looking to the good side of things.

On the other hand, if the person were pessimistic or had a bad attitude, they would face their projects with doubts and fears, putting them aside in the face of the first adversities.

How would your life be affected by having to buy products manufactured by a monopoly?

Answers

Answer:

no industry competition

Explanation:, a monopoly's price is the market price and demand is market demand. Even at high prices, customers will not be able to substitute the good or service with a more affordable alternative. As the sole supplier, a monopoly can also refuse to serve customers.

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if answer is correct brainliest What is the length of the arc by a central angle of 85 degrees and a radius of 8cm to the nearest tenth of a cm? ILL MARK AS BRAINLESS PLS HELP Dana bought 144 pencils for $8.64.which equation could be used to determine the cost of each pencil,x?A.144/8.64=xB.x/144=8.64C.8.64-x=144D.144x=8.64 Does (1, 10) make the inequality y < 8x + 2 true? The Mekong River is most important to which of the following countries?A) IndonesiaB) The PhilippinesC) BruneiD) Vietnam Si se llenan 45 frascos de 200 gramos de mayonesa cuantos frascos de 150 gramos se puede llenar con la misma cantidad 3(5)+2(w-1)=Cual es el valor de la expresin algebraica? how was Africa culture and language affected by contact with other cultures through trade of goods and slaves "Hercules the Mighty." 7. In Scene 1, the line Its like tickling a butterfly contains *5 pointsA. a metaphor that tells you that butterflies are ticklish.B. a simile that tells you that the lyre must be played gently.C. symbolism that shows how lovely lyres sound.D. hyperbole that emphasizes how easy it is to play the lyre. Please help me with this!! :(As soon as possible (Photo) Math, I need help. . . Help ASAP!!!!!!!!!.......... ASAP!!! and no links please 25 points!!!!!The radius of a can of soda is 0.75 inches. Find the area of the top of the can. Round to the nearest hundredth.(Values only! No units!) Simplify the mathematics question Which statement best describes Helen Frankenthaler's painting techniques?She painted as she walked around a canvas placed flat on the floor.She spread paint on a canvas using potato wedges.She painted carefully using a variety of paintbrushes. What are two reasons Walleye Pollocks gather in large groups? Which of the following statements best explains how the world cities listed in the table function within the world's urban hierarchy?A. The top 10 world cities have significant impact on the international economy and are important drivers of globalizationB. The cities with larger populations are the biggest drivers of global innovationC. The cities with smaller populations can be expected to experience the fastest rates of population growth within the next several decadesD. The top 10 world cities offer a wide array of services but, the services are restricted to local populationsE. The top 10 cities are diminishing in financial and cultural significance due to the process of globalization How long can someone stay president The video hints at one of the challenges of having mechanical vehicles in an active theater of war. What challenge is that?