When the Sales Tax feature is enabled in QuickBooks Online, where must you record sales tax payments?

Answers

Answer 1

Answer:

Sales Tax Center

Explanation:

          QuickBooks Online is an online service for accounting software package that is developed as well as marketed by Intuit. Its products are mainly small or medium sized business and other accounting applications and cloud based version which accept management and payment of bills, business payments, payroll functions, etc.

         In QuickBooks, we use the Pay sales tax window to create the sales tax payments. Intuit offers a new and advance version of sales tax feature in QuickBooks Online. We must record the sales tax payments in the sales tax center when the sales tax feature is enable in QuickBooks Online.


Related Questions

. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important

Answers

Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.  

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.

1. Over the past year, a customer has surrendered, in whole or in part, three life insurance policies. If part of a money laundering operation, these transactions represent which stage

Answers

Answer:

It represents the Integration stage

Explanation:

Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.

After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.

Brent has to complete a final group project and his group members aren't
doing their share of the work. Brent generally believes in being kind to others,
but at the last group meeting, he was so frustrated that he yelled at the group
and threatened to stop working on the project. Which value system is mainly
in question here?
A.ethics
B.law
C.business law
M.morality

Answers

Answer: M. Morality

Explanation:

Morality is the value system is mainly in question here. Hence, option D is correct.

What is Morality?

Moral and just standards define what constitutes unacceptable behavior in society and what constitutes right and acceptable behavior.

A civilisation uses moral standards to decide what is reasonable, right, or acceptable. The majority of nations agree that murder is evil, while some grant an exemption for murder committed when waging a war to defend the nation or when acting in self-defense.

According to Louis Pojman, morality has five objectives: "keep society from disintegrating," "lessen human suffering," "promote human flourishing," "resolve conflicts of interest in just and orderly ways," and "give praise and blame, reward the good, and punish the guilty".

Thus, option D is correct.

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When the purchasing company bears the liquidation expenses it will debit the expenses to:_______

a. Vendor Company’s Account
b. Bank Account
c. Goodwill Account
d. Debtors Account

Answers

Answer:

c. Goodwill Account

Explanation:

In the case when the company is in liquidation and the purchasing company paid the liquidation expense as it is beared by them so here the expenses would be debited to the goodwill account

Therefore as per the given situation, the option c is correct as the liquidation expenses should be debited to the goodwill

So the rest of the options are wrong

Arabian Beauty Cosmetics borrowed BD 152.300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) is 11.75%, and the compounding is daily, what is the Effective Annual Rate?​

Answers

Answer: 12.47%

Explanation:

First convert the APR to the relevant periodic rate.

The compounding is done daily so the periodic rate is:

= 11.75%/365

Effective Annual rate is calculated by the formula:

= ( 1 + periodic rate)  ^ compounding period per year - 1

= ( 1 + 11.75%/365)³⁶⁵ - 1

= 12.47%

Opportunity cost occurs because of a producer’s need to

limit resources.
protect resources.
allocate resources.
spend resources.
Mark this and return

Answers

Answer:

allocate resources.

Explanation:

Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.

Opportunity cost is measured by calculating the value of the next best alternative.

Answer:

C On Edge Jan 2021

Explanation:

This is economics question

Answers

Answer:

I think "A & B are correct."

Explanation:

Risk*

each unit requires 1.8 yd of fabric to be produced. at the end of each quarter, 20% of the next quarter's production needs for material should be at hand. budgeted purchases of material for the second quarter would be g

Answers

Answer:

1.8 yards

Explanation:

Production requirement  1.8 yards

Ending inventory = 20% of 1.8 yards= 20/100 * 1.8= 0.36 yards

Materials Required= 1.8-0.36= 1.44 yards

If the material on hand is 0.36 yards i.e 20 % of the production requirement.Budgeted purchases for the second quarter would 1.8 yards  because when 0.36 yards is available as the ending inventory. But materials on hand  must have a balance of 0.36 yards for the next quarter so it would not effect the purchases.

To maintain the balance of materials on hand the amount of purchases made is 1.8 yards as 0.36 yards will be kept for the third quarter and 0.36 is already present for the second quarter

1.44 yards for production + 0.36 yards for the ending inventory= 1.8 yards

Suppose Americans working in the textile industry decide to boycott goods made in the European Union. Explain how this boycott will affect each of the following: The supply of dollars The international value of the dollar

Answers

Answer: See explanation

Explanation:

The supply of dollars: The boycott by the Americans would result in the reduction in the supply of dollars on the international market. This is due to the fact that there will be less dollar going to the European Union.

The international value of the dollar: There'll be a depreciation in the value of the dollar. A reduction in demand would lead to decline in it's value.

Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.
rigidity
lack of autonomy
mechanical nature
lack of feedback

Answers

Answer:

Explanation:

Plato Users

Production methods are standardized with no opportunity for individual initiative is known as lack of autonomy.

What are Production methods?

A production process is a way to use economic resources, such as labor, expensive machinery, or land, to create goods and services for customers.

The manufacturing process typically addresses how to effectively and productively produce goods for sale so that clients can receive them fast without compromising the product's quality.

Depending on their manufacturing objectives, production volumes, and technology tools or software systems, organizations can use a wide range of production methods.

Making broad-based production decisions that have an impact on the productivity levels of product development and sales is a crucial component of the job of a manufacturing manager. Choosing the best production method frequently depends on the kind of technology you have access to.

For instance, without the right technology to track, categorize, or manufacture these products appropriately, you might not be able to adhere to a clear mass production structure if you receive a lot of orders for the same product.

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A bank is negotiating a loan. The loan can either be paid off as a lump sum of $100,000 at the end of five years, or as equal annual payments at the end of each of the next five years. If the interest rate on the loan is 10%, what annual payments should be made so that both forms of payment are equivalent

Answers

Answer:

$16,379.75

Explanation:

Calculation for the annual payments that should be made

Using financial calculator to find the PMT

FV = $100,000

Interest rate = 10%

N= 5 years

PMT?

Hence,

PMT = $16,379.75

Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75

____________________ is a step in the incident management process where an incident that cannot be responded to by an incident screener is put in a queue of another support staff member.

Answers

Answer:

Incident assignment

Explanation:

Incident Management can be regarded as as a process use in IT Service Management (ITSM). It is a process that helps in stabilizing organization's services performance whenever there there is a defection or abnormal activities. One of the step in incident Management is Incident assignment, whereby an incident that cannot be attended to by a staff is aligned on the queue for another staff to respond to.

It should be noted that Incident assignment is a step in the incident management process where an incident that cannot be responded to by an incident screener is put in a queue of another support staff member.

How would you address mental challenges and age-related issues with exercising?

Answers

Answer:

Explanation:

Having someone to exercise with you makes it more enjoyable. ... Make exercise a priority and set time aside during the day. ... Identify activities that they enjoy. ... Start slowly and advance the exercise program gradually. ... Set realistic expectations. ... Be supportive.

Give three examples of possible age-based conflicts in the workplace

Answers

Answer:
• Interdependence/Task-Based Conflicts
• Leadership Conflicts
• Work Style Conflicts

Hopes this helps!!

Create a flow chart that shows the hierarchy of the US Banking Systems.

Answers

Answer:

NOOB

Explanation:

What can accurately predict whether you will be a successful entrepreneur?

Answers

Answer:

your attitude

Explanation:

The amount of interpersonal space (space between people while interacting) that is acceptable varies by culture. This activity is important because interpersonal space is one of the key cultural areas to understand in business if you want to bridge cross-cultural gaps. The goal of this exercise is to test your knowledge of the cultural area of interpersonal space.

Determine which of the following countries has Least Social Distance and Most Social Distance.

a. China
b. UK
c. Saudia Arabia
d. India
e. USA

Answers

Answer:

Note: The full question is attached as picture below

Below is in order, according to the amount of social distance (interpersonal space in a professional interaction) that would likely be expected during a business transaction in that particular country.

1 = Least Social Distance: 5 = Most Social Distance:

1 - USA

2 - UK

3 - INDIA

4 - CHINA

5-  SAUDI ARABIA

If you are the Head of H.R Department in Ali Manufacture Company and you have hire the totally fresh candidates in your company so what kind of training you will suggested; on the job training or off the job training

Answers

Answer:

on the job training

Explanation:

On the job training focuses on a more practical training, i.e. training new employees through real life situations. While off the job training is theoretical training that can be carried out somewhere else. The advantage of on the  job training is that new employees encounter the same type of situations that they will face on their jobs.

In one ancient civilization, hunters shared fresh meat with other individuals in a group without an explicit timeframe or agreement about who would do what in return. However, the favor would surely be returned by those in the tribe who could cook, take care of children, and provide
shelter. What type of economy does this MOST closely describe?
A. Socialist economy
B. gift economy
С. market economy
D. planned economy

Answers

Answer:

B. Gift economy

Explanation:

Correct Answer: gift economy

Farah and David decide to form a sports memorabilia retail partnership. They have known each other since business graduate school and have always worked well together on various projects. The business is doing well but cash flow is very tight. Farah takes several calls from vendors asking for payment. He believed David had been paying the bills. When he asks about this, David admits to embezzling from the partnership. What liability does Farah face as a result of the theft

Answers

Answer:

Farah faces a general partnership as a result of theft

Explanation:

General Partnership is simply a free association of two or more persons to carry on business for profit gains.

Partnership agreement is simply an agreement by two or more persons to do business together as a partnership in an oral or written form.

Based on the provided information, Farah faces a general partnership as a result of theft.

According to the question, we were to discuss about Farah and David who decide to form a sports memorabilia retail partnership and the liability that Farah faced.

As a result of this, we can see that she faced general partnership as a result of theft, general Partnership which is a free association of two or more party to share gain from a business,

Therefore, since David admits to embezzling from the partnership then it is a theft from partnership.

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What is a political argument for regional economic integration? Multiple Choice It reduces the potential for violent conflict. It creates opportunities for entrepreneurism. It tends to increase national sovereignty. It stimulates economic growth. It increases trade diversion.

Answers

Answer:

The political argument for regional economic integration is that:

It reduces the potential for violent conflict.

Explanation:

Regional economic integration is a well-known tool for reducing violent conflict between nations within a geographic region.  Other benefits include the creation of economic opportunities for entrepreneurs with expanded markets.  It thereby stimulates economic growth within the region.  It does not increase national sovereignty but increases trade diversion from productive exporters to less capable nations.

Decision making is often a biased and flawed process. This activity is important because a person who can identify and be aware of their biases may be able to make better decisions for themselves and may be able to diagnose flawed decisions that affect their workplace. The goal of this exercise is to test your knowledge of the nine fundamental decision-making biases given below.

a. Availability Bias
b. Representativeness Bias
c. Sunk-Cost Bias
d. Anchoring and Adjustment Bias
e. Confirmation Bias
f. Overconfidence Bias
g. Hindsight Bias
h. Framing Bias
i. Escalation of Commitment Bias

Answers

Answer:

a. Availability bias ⇒ Cori

This bias refers to the mind's tendency to evaluate a topic based on the examples that they already know of and therefore come to their mind first. Cori thought of her weather at home first and related it to Australia.

b. Representativeness Bias ⇒ Trinity

This bias is one that people make when things are related. They assume that if it is the case for an event, related events should work the same as well.

c. Sunk-cost bias ⇒ Zion

This bias refers to the making of decisions based on sunk costs. Zion's transmission is a sunk cost but he used it as a basis to fix the brakes.

d. Anchoring and Adjustment bias ⇒ Nishka

This bias occurs when we look upon new information with a biased view as Nishka did when they looked at the prices of cheaper cars.

e. Confirmation bias ⇒ Declan

Confirmation bias is when we only listen to information that supports our view much like Declan here who disregarded information that criticized his car model.

f. Overconfidence bias ⇒ Milo

This bias results from having unfounded confidence in our ability to do something much like Milo here who believed he was good enough to invest as his broker who had to go through more intensive training.

g. Hindsight bias ⇒ Sai

Believing that we always knew something was going to happen after the thing happens.

h. Framing bias ⇒ Rosa

This bias occurs when decisions are made based on one aspect due to the decision being framed from that aspect.

i. Escalation of Commitment Bias ⇒ Amara

This bias occurs when we continue to follow a decision path even though that decision has proven to provide negative consequences.

How companies can link their compensation and evaluations to organizational objectives?

Answers

Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

A decrease in consumer spending can be expected to shift the aggregate demand curve ________.

a. upward and cause output to rise
b. upward and cause output to decline
c. downward and cause output to rise
d. downward and cause output to decrease
e supply of the Canadian dollar in the foreign exchange market rises.

Answers

Answer:

d. downward and cause output to decrease

Explanation:

As we know that

Aggregate demand = Consumption expenditure + government expenditure + net export

Where,

Net export = Export - import

In the case when there is a reduction in the consumer spending so it would be expected that the aggregate demand curve would be shifted to the downward due to which it results in reduction in output

Therefore the option d is correct

The United States is an example of a __________ economy?
a)traditional
b)command
c)market
d)private

Answers

Answer:

C. Market

Explanation:

I majored in Health

What should be the minimum amount of years you allow your retirement
investments to grow?
a. 10 years
b. 20 years
c. 30 years
d. 40 years

Answers

Answer:

a. 10 years

Explanation:

Investing for retirement is a long-term project. The earlier a person starts to invest, the better for them as they will enjoy the benefits of compounding.

Ideally, saving for retirement should start the moment one gets employed. This gives them ample time to save and accumulate money for use in retirement. There is no upper limit as to how many years one should save for retirement. However, one needs to save for at least ten years to have sufficient funds for retirement.

Does the Statute of Frauds, a legal principle from the 1600s, still make sense in today's commercial world

Answers

Answer:

Yes.  The Statute of Frauds still makes sense in today's commercial world.

Explanation:

The statute of frauds as a legal concept requires that certain contracts must be put in writing, especially contracts involving the sale of land, goods worth more than $500, and contracts lasting more than one year.  The statute acts as a defense to a breach of contract claim. In most states, a statute of frauds does not make a contract void but makes certain contracts voidable. This means that the contract remains valid and enforceable until one of the parties chooses to void the contract.

What do you have to do to learn and be a pilot

.1 learn to play radio

2. Learn to fly

3 learn to fly and land and set off


SO EASY

Answers

Answer:

All of the above (That is to regulations)

Explanation:

Although if you had to choose one it would be 3. learn to fly, land and set off.,

25 POINTS AND BRAINLIEST!! PLS HELP

What items should be included in signatures on business e-mail?


threads

e-mail address

name and title

company name

inspirational messages

phone and fax numbers

mailing address

Answers

Hey there!

The following should be the answers:

e-mail address

name and title

company name

phone and fax numbers

mailing address

Hope it helps and have an amazing day!!!

Answer:

yeah they right on OW

Explanation:

Account got deleted! Add me!!
Which descriptions best characterize the young Dr. Jekyll? Check all that apply.


-He was rich.

-He was in excellent shape.

-He was family oriented.

-He was famous.

-He was destined for a good future.


Don't mind the question btw.


My other account got deleted, Feel free to add me!!

Answers

Answer:

The descriptions that best characterize the young Dr. Jekyll include the following:

1.  -He was famous.

2.  -He was rich.

3.  -He was in excellent shape.

Explanation:

He was an eccentric Dr who was researching on the possibility of discovering a drug that will help mankind. During his research, he noticed that, when ever he take a particular drug, it alters his personality and body which would bring out the darkest thoughts in him.

The more he took the drug, the more him slips into darkness and destruction which always makes him sober after transforming back to his normal personality.

Answer:

1, 2, 5

Explanation:

He was rich.

He was in excellent shape.

He was destined for a good future

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