Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
For this assignment, you are acting as the owner of your very own accounting practice. You are employed to assist Dominic Leonardo (owner of Dominic Consulting) in setting up QuickBooks for his company and his free Intuit Accountant File Transfer account. At month end, you received a .QBX file from Dominic Consulting containing all of the organizations accounting work for the month of January. Dominic is not clear on the purpose and security of the Accountant File Transfer account and needs your assistance.Your service is to review the books of Dominic Consulting and advise Dominic of any corrections needed. Using your accounting knowledge you will describe an important outcome of the company's performance shown in three statements: the Profit & Loss Statement, the Balance Sheet, and the Statement of Cash Flows.Dominic Consulting is using the Ask My Accountant feature of QuickBooks which has led to a specific question. Dominic is unsure of how to record a retainer fee of $2,400 from a new customer, TakoSami. As it stands, Dominic Consulting plans to provide consulting services over the next three (3) months. He has not performed any work for TakoSami and expects the work to be done evenly over the three (3) months.Dominic Consulting wants to know if the following entry is correct:
Hints: Accountants Copy is discussed on page 12.29, Ask My Accountant is discussed on page 12.31, .QBX files are defined in Section 4: QuickBooks Extras are in Section B, page B.2. Use these resources and other QB online sources for additional details.Write a two to three (2-3) page business letter to Dominic Consulting in which you:
The specific course learning outcomes associated with this assignment are:
If theTrust did agree to fund all costs except the $3 million bond proceeds now available, determine the equivalent annual amount that must be raised in years 4 through 6 to supply all remaining project funds. Assume the Trust will not charge any ..
Suppose an indifference curve is given by the equation U= (1/2)*C*T. Assume that initially the consumer owns the bundle C = 20, T = 2. Reminder: In order to get full credit: a. What is the Utility value along this indifference curve
Given a numeric production schedule, you will calculate profit and make decisions about short-run profitability to answer questions relating to your calculations. Jerry's Lock Shop is a perfectly competitive firm, and Jerry is operating at his lev..
Hurricane delayed the cash inflows that the managers of firm Metro expected from a project that being built and increased the cash outflows over the next two years. the NPV of this project is now negative.
Calculate GDP loss, governemnt expenditure needed to eliminate this loss, and the amount of tax cut needed to eliminate this loss if full employment GDP is $400 billion dollars, unemployment rate 8.9%, and the MPC is 0.8.
Computing regression lines, coefficient of squares, graphing dependent and independent variables using square footage vs home sales.
Suppose that the political conflicts between the U.S. and oil exporting countries caused the oil exporting countries to institute an oil embargo against the U.S. Then the U.S. government started considering imposing a tax on gasoline
An economy's AD curve is described by the following equation: Y = 13,400 - 20,000formula25.mml, where Y is output and formula25.mml is inflation (measured as a decimal).
The risk of fatal accident for the same car without the new safety features is 1/1000. The new (safer) car sells for $39,000. The comparable vehicle without the safety feature sells for $28,000. Assume that 2,000 cars of each type are sold.
An uninsured pony with an adjusted basis of $20,000 and FMV of $35,000, which her daughter uses only for personal use, is injured while attempting a jump. Because of the injury, the uninsured pony has to be destroyed by a veterinarian.
Mary DeFontes bought a computer and a service contract from Dell Computers Corp. DeFontes was charged $950.51, of which $13.51 was identified on the invoice as "tax." This amount was paid to the state of Rhode Island.
An income-producing property has an annual gross rent income of $1,000,000 and annual expenses of $300,000. Every 5 years, the parking lot need to be re-surfaced at $60,000 and every 10 years, the rood will have to be maintained at $40,000.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd