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.
Answer:
1242 6th graders went on the trip.
Step-by-step explanation:
From the information given, you know that the theater has 2760 seats and that the students filled 45% of the seats, so to find the quantity of 6th graders that went on the trip, you have to calculate 45% of 2760:
2760*45%=1242
According to this, the answer is that 1242 6th graders went on the trip.
Answer:
The value of the account in the year 2009 will be $682.
Step-by-step explanation:
The acount's balance, in t years after 1999, can be modeled by the following equation.
In which A(t) is the amount after t years, P is the initial money deposited, and r is the rate of interest.
$330 in an account in the year 1999
This means that 
$590 in the year 2007
2007 is 8 years after 1999, so P(8) = 590.
We use this to find r.
Applying ln to both sides:
Determine the value of the account, to the nearest dollar, in the year 2009.
2009 is 10 years after 1999, so this is A(10).
The value of the account in the year 2009 will be $682.
Answer:
guess what it is..................
The dimensions of the base of Box 1 are x by 3x.
The base area of Box 1 is:
3x^2
