Answer:
Hybrid basis
Step-by-step explanation:
There are different methods of accounting used by businesses depending on their peculiar needs. Below are the type of accounting methods:
- Cash basis is when revenues and expenses are recognised when cash is recieved or paid out.
-Accrual basis is when revenue and expenses are recognised when they are earned. For example if services are rendered to a client that will pay in a week's time, since service has already been given it is considered that the future payment has been earned.
- Modified basis combines elements of cash and accrual basis. For example considering short term assets like accounts receivable and accounts payable as cash items. Long term assets are recorded on accrual basis.
- Hybrid basis is used when cash and accrual methods are used for various expenses and tax. Mostly it is used for internal accounting purposes.
In this scenario Hariette would like to review the income and expenses that were actually paid last month. This requires a cash basis that shows actual amount recieved and paid last month. Account receivable and payable are not considered.
In setting aside money for tax she will employ accrual basis accounting. It is an expense that is estimated for future use.
So the hybrid basis is the method that will be most suitable.
Let x be the number of members in Daniel's tennis team.
The amount made = $582.85
Expenses (food and drinks) = $64
Balance remaining for sharing = 582.85 - 64 = $518.85
Amount received by each player = (amount made - Expenses)/Number of members = 518.85/x
Answer: 21 square units
Step-by-step explanation:
We know that the area of parallelogram is given by:-
Let US denote the height of the Parallelogram RSTU with corresponding base ST.
By counting the distance between the points using grids or by distance formula,
US=
ST=
Now, the area of parallelogram RSTU is given by:-
To find the thickness of one paper, you set up proportions. 10,000 sheets/85 cm=1 sheet/ x cm. Then you cross multiply and get,
85=10,000x
Then find x,
x=.0085
Or .0085 cm
Another way to find it is just to divide 85 by 10,000 from the start because you need to find the thickness of one paper, not ten thousand.
Hope this helps.
