Business, 22.10.2020 02:01, saucybby

What are all expense accounts known as in accounting terminology? All expense accounts are known as (blank) accounts, as they close at the end of the accounting period.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:00, kylie252

Terry, a self-employed laboratory consultant specializing in white mice, attended a convention in paris concerning the care and feeding of white mice. the convention was held in paris since most of the white mice specialists in the world are located in france. terry's expenses were $1,600 for airfare, $400 for food, and $400 for lodging. terry spent 5 days at the convention and 3 days visiting friends. how much can she deduct for the trip?

Answers: 1

continue

Business, 21.06.2019 18:10, diamondk2019

In a sumif conditional function, what should be the order of terms in the parentheses?

Answers: 1

continue

Business, 21.06.2019 19:40, muhammadcorley123456

Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.

Answers: 3

continue

Business, 22.06.2019 17:40, makayladurham19

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.

Answers: 1

continue

Do you know the correct answer?

What are all expense accounts known as in accounting terminology? All expense accounts are known as...