What types of accounts are referred to as temporary accounts?
Question:
What types of accounts are referred to as temporary accounts?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Temporary accounts are those that make up the inc...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Accounting questions
-
What type of accounts are referred to as temporary or nominal accounts? What is meant by these terms?
-
What type of accounts are referred to as permanent or real accounts? What is meant by these terms?
-
What types of accounts are listed on the post-closing trial balance?
-
The following report was prepared for evaluating the performance of the plant manager of Miss-Take Inc. Evaluate and correct thisreport. Miss-Take Inc. Manufacturing Costs For the Quarter Ended March...
-
What is vendor-managed inventory? How can it help supply chain management?
-
Suppose the weekly hours for all employees are stored in a two-dimensional array. Each row records an employee?s seven-day work hours with seven columns. For example, the following array stores the...
-
Refer to Example 5 but suppose there are two additional design plans \(\mathrm{B}\) and \(\mathrm{C}\) for making miniature drones. Under B, 10 of 40 drones failed the initial test and under C 15 of...
-
Wynn Company has recorded the following items in its financial records. Cash in bank ..........................................$ 42,000 Cash in plant expansion fund ............. 100,000 Cash on hand...
-
Without invoking Java, given the following Java program fragment Scanner console nev Scanner (System.in); int int . int int 1-0; evenSum 12 count; evenSum: oddSum; 0; oddSum 0; for (count...
-
Even as the remodeling market weakened and taking on extra financing became risky, what are some things that Moon Associates president and CEO Jim Moon did to sustain the companys long-term...
-
On December 30, 2010, you buy a Ford Expedition. It comes with a three-year, 36,000- mile warranty. On March 5, 2011, you return the Expedition to the dealership for some basic repairs covered under...
-
What is the purpose of the post-closing trial balance?
-
The analysis of covariance emphasizes the use of regression to fix a problem with the two-sample t-test that has a confounding variable. You can also think of the use of a dummy variable as a way to...
-
Complete the following program based on the comments provided. #include //include the file stream header file #include using namespace std; int main() { //open a file with the name greeting.txt...
-
Calculate the Schwarzschild radius for the Sun. Here's what to do: 1 . Use M = 1 solar mass = _ _ _ _ _ _ kg , use the number you looked up in the previous problem. 2 . To get an answer in meters,...
-
Assume a $10,000,000 mortgage for an office building. The loan carries a rate of 4.25% based on monthly pay over a 30-year amortization period. The loan has a balloon amount due in 10 years. What is...
-
A trader of an investment bank has sold a put option on the S&P 500 issued on 2021-04-01. Therefore, he must price and delta-hedge his short position in the put. The option has strike K = $3,000 and...
-
ABC corporation purchased a 100,000 asset two years ago with a residual value of 10,000 and useful life of 5 years. Currently, after two years of straight-line depreciation, the asset's book value is...
-
Consider a protected bus that terminates four lines, as shown in Figure 10.51. Assume that the linear couplers have the standard \(X_{m}=5 \mathrm{~m} \Omega\) and a three-phase fault externally...
-
A red card is illuminated by red light. What color will the card appear? What if its illuminated by blue light?
-
A spinning device has 5 numbers, 1, 2, 3, 4, and 5, each as likely to turn up as the other. A person pays $3 and then receives back the dollar amount corresponding to the number turning up on a...
-
Sombrero Co., a furniture wholesaler, sells merchandise to Belarus Co. on account, $64,300, terms 2/10, n/30. The cost of the merchandise sold is $38,000. Sombrero Co. issues a credit memo for...
-
Based on the data presented in Exercise 5-14, journalize Belarus Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, (c) The payment of the invoice within the discount...
-
Monet Paints Co. is a newly organized business with a list of accounts arranged in alphabetical order below. Accounts Payable Accounts Receivable Accumulated DepreciationOffice Equipment Accumulated...
-
Security issues in today's workplace. Identify the different types of potential security issues an employer may have to deal with. Give examples to illustrate each of these potential security...
-
Research on the Internet and identify an emerging security issue. Describe the issue and its origin. Provide an example of this new security issue. Discuss the impacts of the security issue and...
-
A T-ball baseball player hits a baseball from a tee that is 0.6 m tall. The flight of the ball can be modelled by h(t) = -4.91 +61 +0.6, where h is the height in metres and t is the time in seconds....
Study smarter with the SolutionInn App