Unable to delete acounts in Chart of Accounts. I get: "This account cannot be deleted because it is used by a recurring template or scheduled liability payment." We recently imported our data from Quicken into QB. It transfered 650 categories/accounts. We cannot bulk delete them and many have transactions tied to them from them 20 years ago. Is there a way to archive or delete old data and accounts?

Answers

Answer 1

If you are unable to delete the accounts in your Chart of Accounts, it is likely because the accounts have transactions associated with them.

You can archive the old data and accounts by running the "Archive Data" tool in QuickBooks. This will create a backup of the old data and move it to an archived folder. You can then delete the accounts that have been archived.

Alternatively, you can manually delete the transactions associated with the accounts, which will enable you to delete the accounts.

Learn more about General Accounting Plan:

https://brainly.com/question/14612298

#SPJ4


Related Questions

Pixel Inc has established a system to settle employee grievances. According to this system, aggrieved employees must first approach their immediate supervisors with their problems. If the employee considers the supervisor's decision unsatisfactory, he or she may approach the next person in the chain of command. If the grievance still remains unresolved, the matter may be referred to voluntary arbitration. This system is indicative of:
A) procedural justice
B) distributive justice
C) interactional justice
D) compensatory justice

Answers

The system based on the statement is indicative of A) procedural justice.

What is procedural justice?

The focus of procedural justice is on the contacts between the public and law enforcement, and how these encounters affect how the public perceives the police, their desire to obey the law, and actual crime rates. A series of acts or processes required to manufacture or perform anything are listed in procedural literature. Recipes, directions for scientific experiments, assembly manuals, and gaming rules are typical examples of procedural texts.

Learn more about procedural justice: https://brainly.com/question/28464812

#SPJ4

this map, the areas in orange make up Southeast Asia. The climate throughout that region is
Responses
A grassland.
B tropical.
C temperate.
D desert.

Answers

B) Tropical
Around Philippines and Taiwan are very tropical places including Indonesia
(I am not 100% sure)
The climate throughout Southeast Asia is tropical.

how many developed countries in latin america have? Please help forgot to do my geography homework last min

Answers

Answer:

~Costa Rica
~panama

~ Brazil

Explanation:

Yuri has purchased an investment property through the use of borrowed funds. In doing so, he is taking advantage of. leverage.

Answers

Financial leverage is when borrowed cash is employed as a funding source when a business invests to expand its asset base and produce returns on risk capital. The correct answer is b. When purchasing property using borrowed money.

Leverage is a type of investment strategy that involves borrowing money, specifically by using different types of capital or financial instruments, in order to raise the potential return on an investment.

Another instance of leverage is the amount of debt a business incurs to finance its assets. Leverage is the process of using debt—borrowed capital—to complete a project or venture. The project's potential for profit increases as a result. Leverage will also raise the downside risk if the investment doesn't work out.When a business, asset, or investment has a significant level of leverage.

Complete question:

With the help of borrowed money, Yuri bought a rental property. He is utilising leverage by doing this.

A) borrowing money while using equity.

b) When purchasing property using borrowed money. b) The owner's equity in a property.

d) taking out a loan against a free and unambiguously owned asset.

To know more about financial leverage visit:

https://brainly.com/question/30257533

#SPJ4

Which of the following has been reduced as a result of globalization?
A. Volume of goods and services
B. Foreign exchange transactions
C. Environment and labor laws
D. Differences in material culture
E. Regulation of markets

Answers

Option C, Climate and work regulations have been diminished because of globalization.

Globalization prompts contests among nations to draw in venture and organizations.

This opposition frequently brings about more vulnerable guidelines and more vulnerable authorization of existing guidelines, including those connected with the climate and work. Furthermore, organizations might move their tasks to nations with more fragile guidelines, prompting a decrease in natural and work norms worldwide.

Globalization has led to increased trade, economic growth, and interconnections among countries. This has resulted in a significant reduction in barriers to trade, including lower transportation costs and increased ease of communication.

To learn more about globalization at

https://brainly.com/question/15283031?referrer=searchResults

#SPJ4


Critically examine the Nigerian foreign policy as a constitutional provision

Answers

A close examination of Nigeria reveals that the country had a period of military dictatorship that was accompanied by corruption, poor leadership, a lack of political commitment, and other issues.

What is the current foreign policy of Nigeria?

Nigerian foreign policy has been characterized by a focus on Africa as a regional power and by attachment to several fundamental principles since independence, with Jaja Wachuku serving as the first Minister for Foreign Affairs and Commonwealth Relations, later called External Affairs. African unity and independence;

What is Nigeria's foreign policy's primary goal?

The Federal Republic of Nigeria's critical national interests, as well as the promotion of African integration and unity, international collaboration for the consolidation of world peace, security, a just global economic order, and democratic ideals, are the focus of this organization.

To know more about Nigeria visit:

https://brainly.com/question/18454319

#SPJ1

amanda, a high school student, wants to be the president of a company someday, but she also wants to raise a family and enjoy recreational activities. amanda is primarily focusing on

Answers

Amanda mainly focuses on the terminal value, because she wants to be president, at the same time, enjoy a family and enjoy recreational activities

Balance between family and work

Work and family are two closely related aspects of most people's lives, the personal level experiencing a balance between work and family is related to better health, greater satisfaction in the family, as well as greater satisfaction and commitment to the organization, which lead to greater productivity.

- At the family level, the lack of reconciliation is related to less family satisfaction, less parental satisfaction and problems in life as a couple.

For more about balance between family and work here https://brainly.com/question/4890355

#SPJ4

suzanne, a human resource manager, interviews carol. carol shares that she currently works at abc hospital. suzanne has hired others from abc hospital before, and they have performed well. she decides to hire carol instead of another equally qualified applicant from an unknown hospital based on her past experience hiring from abc hospital. this is an example of bias. group of answer choices ethical ans: a anchoring availability overconfidence

Answers

Based on her experience, Suzanne, a human resources manager, hires Carol over an equally qualified applicant from an unfamiliar hospital. Suzanne's act is an example of "availability bias".

Availability bias is a type of cognitive bias in which decision-makers rely on the first and most easily available information to make judgments. In this scenario, Suzanne has previously hired employees from ABC Hospital and has had positive experiences with them. So, she assumes that Carol, who also works at ABC Hospital, will perform well in the same way and decides to hire her instead of an equally qualified applicant from an unknown hospital.

This is an example of availability bias because Suzanne is relying on her easily available past experiences with ABC Hospital employees to make her hiring decision, rather than objectively evaluating all applicants and considering all relevant information. Availability bias can lead to suboptimal decisions, so it's important to be aware of it and make an effort to overcome it.

Learn more about availability bias here: brainly.com/question/29098874

#SPJ4

If a society is militarily-dominant in a culture contact situation and they perceive their own culture as being superior in terms of technology and quality of life, it is ________ that they will be acculturated by the other society.a) not likelyb) very likely

Answers

If a society is militarily-dominant in a culture contact situation and they perceive their own culture as being superior in terms of technology and quality of life, it is very likely that they will be acculturated by the other society.

Ethnocentrism, as defined by sociologists, is the act of evaluating all other cultures through the lens of one's own, with the belief that one's own way of life is superior to all others. Ethnocentrism is a term used in social science to define.

The act of considering one's own culture and its ideals to be superior to the rest. Typically, features of customs, behaviour, and language are used to make the distinction. For instance, a member of an Asian culture can believe that their traditions are superior to those of other cultures. However, that might not necessarily be the case in general. As the name "ethnocentrism" implies, it is enthno centric, which is to say that it is focused on individuals and cultural groups.

To know more about Ethnocentrism visit:

https://brainly.com/question/15010140

#SPJ4

Consider how technology and people-driven organizations are driving change in today's business environment. Then place the letter of each management tool next to the example that describes its use.
A. After a customer jokingly tweeted he would like Morton's The Steakhouse to deliver him dinner at the Newark airport, Morton's was able to track down the customer's typical order, the flight he was on, and have dinner waiting for the customer when he got off the plane.
B. Zappos has eliminated managers, creating a holocracy in which employees make their own decisions about how work will be done and how they will serve customers.

Answers

Technology and people-driven organizations are to surprise a customer with a meal, Morton's Steakhouse used a social CRM system. Here are a few uses for social CRM and some of its benefits.

A company or even a client creates a fan page for your company or product. Fans offer a platform for marketing, networking, and communication because they support your brand and the way you do business.

Social CRM is a business approach that entails expanding marketing, sales, and customer support activities to include the active participation of customers or visitors to an Internet channel with the goal of promoting engagement in the business process. The first option on the list, "Customer-driven," is the solution to this puzzle. Gaining market share will be achieved by an investment that focuses not only on the product's price but also on how customers and buyers perceive the worth of the goods or services.

To know more about Social CRM visit:

https://brainly.com/question/28111450

#SPJ4

Media conglomeration broadly concerns how there used to be a few main players in the media business but now many more channels and other forms of media are emerging. a. True
b. False

Answers

The answer is b. false

Which of the following is essential for the development of a variety of emotions and emotional experiences? Social relationships

Answers

Social relationships is essential for the development of a variety of emotions and emotional experiences.

What is meant by social relationships?

Any interaction or relationship between two or more people is referred to as social relations.

In a broad sense, social relationships are the ties that individuals have with one another as a result of ongoing encounters that they consider to have personal significance.

Yes, social relationships play a crucial role in the development of emotions and emotional experiences. Interactions with others help shape our emotions, behaviors, and perspectives, and can foster emotional intelligence and empathy.

Read more on social relationships here: https://brainly.com/question/504988

#SPJ1

the moral principles or rules that do, or should, govern the conduct of individuals in their relations with others are called .

Answers

The moral principles or rules that do, or should, govern the conduct of individuals in their relations with others are called Ethics.

The word "ethos," which means character, guiding principles, standards, and goals that permeate a group, a society, or people in Greek, is the root of the English word "ethics." Ethics is defined as "the moral principle that controls a person's behaviour or how an activity is done" by the Oxford Dictionary.

The foundation of ethics is a set of rational rules of right and wrong that outline what people should do. These standards are typically expressed in terms of rights, obligations, benefits to society, fairness, or particular qualities.

To know more about Ethics, click here:

https://brainly.com/question/11992384

#SPJ4

Which of the following is not a reason why being in a good mood tends to increase pro-social behavior?
a. Helping prolongs good moods
b. Good moods increase how much attention we pay to ourselves, which makes up more likely to act according to our values
c. Good moods make us pay more attention to the possible rewards for helping
d. Good moods make us view situations more positively, and thus we are more likely to give people the benefit of the doubt

Answers

"Good moods make us pay more attention to the possible rewards for helping" the following is not a reason that tends to increase pro-social behaviour.

Prosocial behavior (helping, cooperating, comforting, sharing, and donating) was defined as behavior in which people benefit others (Eisenberg, 1982). (Eisenberg and Fabes, 1998; Greener and Crick, 1999).

Altruism, an unselfish interest in helping another person, motivates the purest forms of prosocial behavior. According to Santrock, the most likely circumstances to elicit altruism are empathy for a person in need or a close relationship between the benefactor and the recipient.

Volunteering, donating money, or assisting a neighbor in moving a large piece of furniture are some examples. Altruism is the most noticeable type of prosocial behavior, in which a person incurs a cost to assist another person with no expectation or possibility of receiving a benefit in return.

For more questions on pro-social behaviour.

https://brainly.com/question/13044458

#SPJ4

what is a resonable estimate of dotens daily earnings in the diggins?

Answers

Based on this document, what is a reasonable estimate of Alfred Doten's daily earnings inthe diggings? Just around $7-$20. Gold was not a very ...

Write to your school board explaining what you mean by creativity and arguing for or against the creation of a class in creativity.

Answers

Since true creativity cannot be taught, schools shouldn't provide a creative thinking course.

A creative thinking lesson shouldn't be introduced in schools at first because doing so would only encourage one kind of creativity. More specifically, it would merely lead to uniform thinking among all students. If a math teacher instructs their pupils to solve a problem in a particular sequence, then those students will adhere to that order for subsequent problems of a similar nature.

The same thing would occur in a class on creative thinking. All of these students will use the techniques they learned in class to solve problems because the teacher demonstrated them to the entire class. Thus, diversity and creativity's true significance.

Learn more about creativity Visit: brainly.com/question/26061350#

#SPJ4

Which of the following are generally considered to be professional behaviors in IT? Check all of the boxes that apply. maintaining technical competency teaching others about technology Prior to implementing any significant change in the use of animals, what is the most important thing that the research team must do? Obtain IACUC approval for the change.

Answers

Answer 1: Maintaining technical competency and Sharing confidential information are generally considered to be professional behaviors in IT. Correct answer: letter A and B.

Teaching others about technology may also be considered a professional behavior, depending on the context.

Answer 2: The statement that is true in relation to the use of animals in research, is the attending veterinarian should have access to all research animals at all times. Correct answer: letter B.

U.S. regulations require that the veterinarian in charge have access to all research animals involved in a research project, as stated in the Animal Welfare Act and the Guide for the Care and Use of Laboratory Animals.

In addition, the veterinarian in charge must be a member of the Institutional Animal Care and Use Committee (IACUC), and must be present at all IACUC meetings where animal research protocols are reviewed.

1. Which of the following are generally considered to be professional behaviors in IT? Check all of the boxes that apply.

A) maintaining technical competency

B) sharing confidential information

C) teaching others about technology​

2. Which of the following is true regarding the use of animals in research?

A) Meetings at which an IACUC reviews animal research protocols should be open to anyone who wishes to attend.

B) The attending veterinarian should have access to all research animals at all times.

C) IACUC review is required for animal research funded by the USDA, but not for animal research funded by other branches of the federal government.

D) U.S. regulations require veterinary review of protocols involving primates, but not other types of animal species.

Learn more about professional behaviors in IT:

https://brainly.com/question/18229623

#SPJ4

In recent years, American families have drastically increased their consumption of quinoa. The United States imports quinoa from Peru and Bolivia. Quinoa has

Answers

American households have dramatically boosted their quinoa consumption in recent years. Quinoa is brought into the United States from Bolivia and Peru. Quinoa has, "because the entire supply chain has an impact on both local and international communities, there is "a global and local U.S. impact."

In more developed nations like the United States and Japan, the quinoa seed is in high demand. Small-scale, high-altitude farmers in Bolivia and Peru account for 97% of the world's quinoa output. The seed, which is marketed in markets abroad, is regarded as being very healthy. Currently, Bolivia and Peru are regarded as key exporters of the seed.

The quinoa seed is one of the "sensational" foods that nutritionists suggest because of the various advantages it offers. One of the healthiest foods available, this seed is gluten-free, has a sufficient amount of protein, and contains all nine essential amino acids. It contains fiber, vitamin E, vitamin B, calcium, iron, and potassium.

To learn more about Quinoa here:

brainly.com/question/14209308

#SPJ4

9. Maximize 1170x1 + 1110x2 Subject to: 9x1 + 5x22 500 7x1 + 9x22 300 5x1 + 3x2 ≤ 1500 7x1 + 9x2 ≤ 1900 2x1 + 4x2 ≤ 1000 x 1, x2 2 0 ➤ Find graphically the feasible region and the optimal solution? (5%)​

Answers

The optimal solution can be determined by either using the simplex method or by visually inspecting the feasible region and the line representing Z.

What is linear programming ?

Linear Programming (LP) is a mathematical technique used for optimizing a linear objective function subject to constraints represented by linear equations or inequalities. It is used for decision-making in real-world problems where there are multiple variables and constraints involved. The goal is to find the values of variables that optimize the objective function while satisfying all the constraints.

The objective function can be any linear combination of variables, such as maximizing profit or minimizing cost. The constraints are mathematical expressions representing the limitations or restrictions on the variables, such as limited resources or production capacity.

LP problems can be solved either graphically or using algorithms like the simplex method, the interior point method, or the dual simplex method. The choice of method depends on the size of the problem and the type of constraints involved.

Applications of LP are widespread and can be found in various fields such as finance, economics, transportation, scheduling, and production planning. Some examples include portfolio optimization, resource allocation, production scheduling, and facility location.

According to question this is a linear programming problem that can be solved graphically.

To find the feasible region, we need to plot the constraints as lines and find the intersection points where all the constraints are satisfied.

Next, we need to find the objective function Z = 1170x1 + 1110x2, which will be a straight line when plotted on the feasible region. The optimal solution will be the point where Z is maximized, which will be the vertex of the feasible region closest to the line representing Z.

To know more about linear programming visit:

https://brainly.com/question/15762941

#SPJ1

Which of the following pricing objectives can reduce a firm's risks by helping to stabilize demand for its products?
a. status quo
b. product quality
c. market share
d. cash flow
e. profit

Answers

The price of a product is directly associated with several business operations. A pricing choice will have an effect on demand, which will then have an effect on the firm's revenue. The correct answer is b.product quality.

The profit margin you make on each item sold will depend on your pricing strategy; assuming you don't lose sales, charging more will increase your profit margin. As your overhead expenses per unit climb as you sell fewer units, higher price that results in lower sales volumes could, on the other hand, diminish or even completely eliminate your profits.

Consumers become less price sensitive when higher prices begin to signify higher quality. Status quo pricing, often known as competition pricing, involves either maintaining current prices (status quo) or basing prices on those of competitors. When prices are low, little pricing modifications result in significant quality changes. When prices are greater, modest price adjustments result in smaller quality changes.However, more expensive products are always of higher quality.

To know more about survival pricing visit:

https://brainly.com/question/29351785

#SPJ4

which of the following regions best identifies where myosin would have maximum cross-bridge access to actin? relationship between fibers composing a sarcomere. which of the following regions best identifies where myosin would have maximum cross-bridge access to actin? relationship between fibers composing a sarcomere. the region between 1 and 2 the region between 3 and 5 the region identified at 4 the region between 2 and 3

Answers

Two protein filaments, one consisting of the protein myosin and the other of the protein actin, slide past one another as a muscle contracts, shortening the sarcomere. The correct answer is A. relationship between fibers composing a sarcomere.

Myosin thick filaments grab onto the actin filaments by forming cross bridges. The thick filaments pull the thin filaments past them, shortening the sarcomere. The area between points 2 and 3 is the area of the ove.

The sacromeres in the fibres are where the events of muscle fibre shortening occur. Sacromeres shorten as a result of the actin filaments being pulled by myosin heads, causing the contraction of striated muscle fibres. The zone or area where thin and thick filaments overlap is where filament movement begins.Myofibrils and muscle cells contract as the sacromeres contract because they include numerous sacromeres and the throughout their length.

Complete question:

which of the following regions best identifies where myosin would have maximum cross-bridge access to actin? relationship between fibers composing a sarcomere. which of the following regions best identifies where myosin would have maximum cross-bridge access to actin?

a. relationship between fibers composing a sarcomere.

b. the region between 1 and 2

c. the region between 3 and 5

d. the region identified at 4 the region between 2 and 3

To know more about filaments visit:

https://brainly.com/question/876358

#SPJ4

True or False, one of the main problems in studying the effects of media is that whatever real effects the media cause, they also often serve as a scapegoat for larger social problems.

Answers

The given statement, "One of the main problems in studying the effects of media is that whatever real effects the media cause, they also often serve as a scapegoat for larger social problems." is true because it is associated with the minimal-effects mode.

One of the primary challenges in analyzing the influence of media is that it can be difficult to accurately measure the effects that media have on society. Although it is undeniable that media can influence society, it is often too easy to use media as a scapegoat for more complicated social issues.

This phenomenon, known as the minimal-effects mode, points to the fact that media are rarely solely responsible for complex social issues and behaviors. Thus, when studying the effects of media, it is essential to consider the multiple, nuanced variables that play a role in social phenomena.

To know more about media, click here.

https://brainly.com/question/14047162

#SPJ4

A diagram showing two plates colliding, with one plate moving below the other.

What stress causes this type of fault to form?

compression
gravity
tension
shearing
Mark this and return Save and Exit Next Submit

Answers

The stress that causes this type of fault to form is compression.

Compression is a type of stress that occurs when two forces are pushing toward each other. In the case of plate tectonics, compression occurs when two plates are colliding and one plate is being pushed underneath the other. This can cause the rock in the upper plate to be deformed and pushed downwards, resulting in the formation of a fault.

The compression can also cause mountain building and the formation of large fold mountains.

Learn more about plate tectonics here:

https://brainly.com/question/2325633

Answer: d. Shearing

Explanation:

which of the following statements about the current cloture rule is correct? group of answer choices it must be certified by a neutral magistrate or judge. it requires half of the entire senate membership to sign a petition to move cloture. it is used more frequently by the house than by the senate. it requires three-fifths of the entire senate membership to pass. it sets a time limit on debate of five minutes per speaker.

Answers

To limit floor time for debate to 30 hours, three-fifths of senators must vote in favour of the measure. The correct answer is C. it requires three-fifths of the entire senate membership to pass.

The Cloture Rule is a step in parliamentary procedure taken with the intention of quickly wrapping up the discussion. The French National Assembly, from which the procedure's name is derived, was where it all began. Other names for it are closure and guillotine.

The sole legal means of ending a filibuster is through cloture. The term "cloture" refers to a time limit placed on a bill's consideration. However, it requires 60 votes in the Senate, or three-fifths, to pass. No party typically has the advantage of achieving such a majority. A motion for cloture can be made by the parliament to adjourn the discussion sooner. The number of parliamentarians tends to be determined by the support provided by the parties. Achieving 3/5 of the vote in the US is practically difficult because the vote is split virtually evenly.

To know more Cloture visit:

https://brainly.com/question/14301154

#SPJ4

Which of the following categories does engaging social media content typically fall into when trying to create value for our audience on social media, and create posts that will keep them engaged? (Select all that apply)
• Posts that are educational, that teach, update, or inform.
• Posts that are inspirational and feel-good
• Posts that are fun and entertaining
• All of the above

Answers

Answer:Social Networking Sites. These are sites mainly used for connecting with friends and family. ...

Image-based sites. Image-based types of content have gained more prominence in recent times. ...

Video sharing/streaming platforms. ...

Discussion forums. ...

Blogs and community platforms.

Explanation:

Engaging social media content typically falls into all of the above categories when trying to create value for our audience and keep them engaged Therefore the correct option is D.

Educational posts provide useful information, teach new things, and keep followers informed about the latest trends or updates. Inspirational and feel-good posts uplift and motivate the audience, giving them a positive boost and fostering a sense of connection. Fun and entertaining posts entertain the audience, make them smile or laugh, and provide a light-hearted break from their daily routine.

By incorporating all of these categories into our social media content strategy, we can cater to different preferences and capture the attention and interest of a wider audience.

Hence the correct option is D

To know more about social media content visit:

https://brainly.com/question/18958181

#SPJ2

Organizational culture is ______.
A. the degree of diversity within an organization
B. the shared assumptions about an organization
C. the value placed on differences
D. the entrepreneurial spirit of employees

Answers

Organizational culture is the shared assumptions about an organization option (B) .

In the past, there have been disagreements among researchers over what constitutes organizational culture. Leading expert in the field Edgar Schein defined "organizational culture" as a collection of traits, including a common "pattern of basic assumptions" that group members have grown accustomed to as they gain experience successfully resolving both internal and external organizationally relevant issues.

In his 1951 book The Changing Culture of a Factory, Elliott Jaques pioneered the idea of culture in the context of organizations.The book was a report that was released on "a case study of changes in the social life of one industrial village between April, 1948, and November 1950."

Learn more about Organizational culture

https://brainly.com/question/30270469

Vered is sitting in a busy courtyard at the college. Even though it is noisy where she is sitting, she is able to pay close attention to her work while ignoring the surrounding noises, smells, and sights. This is thanks to her:

Answers

Vered is seated in the college's bustling courtyard. She can concentrate on her task while disregarding the sounds, smells, and images around her despite the noise where she is sitting. Her "reticular formation" is to thank for this.

Define the term reticular formation and its function?

This reticular formation is an intricate network of brainstem neurons and nuclei that acts as a significant relay and integration hub for a variety of crucial brain systems that coordinate important processes for survival.

The ancient center of the neural connections between the spinal cord and indeed the encephalon is represented by the brain reticular formation (RF). It supports functions related to mood as well as autonomic, muscular, sensory, behavioral, and cognitive processes.The essential function of the reticular activation system is the control of arousal and sleep–wake transitions. The thalami's intralaminar nuclei, which diffusely transmit to the cerebral cortex, receive input from the ascend reticular activating system.

For the stated question:

When Vered is seated in the college's bustling courtyard. She can concentrate on her task while disregarding the sounds, smells, and images around her despite the noise where she is sitting.

Thus, her "reticular formation" is to thank for this.

To know more about the reticular formation, here

https://brainly.com/question/1253056

#SPJ1

identify the three main goals of the confederacy for defending the south when the war began

Answers

the war began in 1792. people did not believe to have known why they were fighting

India has largest deposits in the world

Answers

Answer:

yes of course

Explanation:

India population is about 101,9800million

Question NO 1. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.
Question NO 2 Prepare an adjusted trial balance on August 31.

Answers

a) The adjusting journal entries for Haile Resort on August 31 are as follows:

Adjusting Journal Entries:

Debit Insurance Expense Br. 2,250

Credit Prepaid Insurance Br. 2,250

Debit Supplies Expense Br. 3,900

Credit Supplies Br. 3,900

Debit Depreciation Expenses:

Building Br. 2,400

Equipment Br. 800

Credit Accumulated Depreciation:

Building Br. 2,400

Equipment Br. 800

Debit Unearned rent revenue Br. 7,600

Credit Rent Revenue Br. 7,600

Debit Salaries and Wages Expense Br. 750

Credit Salaries and Wages Payable Br. 750

Debit Mortgage Expenses Br. 5,333

Credit Mortgage Expenses Payable Br. 5.333

b) The preparation of an adjusted trial balance on August 31 for Haile Resort is as follows:

Haile Resort

Trial Balance

August 31, 2022

                                                             Debit       Credit

Cash                                               Br. 39,200

Rental Receivable                                  1,600

Prepaid Insurance                                 6,750

Supplies                                                 1,300

Land                                                    40,000

Buildings                                          240,000

Accumulated Depreciation                                     Br. 2,400

Equipment                                         32,000

Accumulated Depreciation                                             800

Accounts Payable                                                        9,000

Unearned Rent Revenue                                             1,600

Salaries and Wages Payable                                         750

Mortgage Interest Payable                                         5,333

Mortgage Payable                                                   100,000

Share Capital—Ordinary                                        200,000

Retained Earnings                                                              0

Dividends                                          10,000

Rent Revenue                                                          181,600

Salaries and Wages Expense         90,350

Utilities Expense                               18,400

Maintenance and Repairs Expense 7,200

Insurance Expense                           2,250

Supplies Expense                             3,900

Depreciation Expenses:

Buildings                                           2,400

Equipment                                           800

Mortgage Interest Expense            5,333

Totals                                       Br.501,483       Br.501,483

What is an adjusting entry?

Adjusting journal entries are made at period-end to comply with the matching and accrual concepts of generally accepted accounting principles.

Analysis of Adjustments:

Insurance Expense Br. 2,250 Prepaid Insurance Br. 2,250

Supplies Expense Br. 3,900 Supplies Br. 3,900

Depreciation Expenses: Building Br. 2,400 Equipment Br. 800 Accumulated Depreciation: Building Br. 2,400 Equipment Br. 800

Unearned rent revenue Br. 7,600 Rent Revenue Br. 7,600

Salaries and Wages Expense Br. 750 Salaries and Wages Payable Br. 750

Mortgage Expenses Br. 5,333 Mortgage Expenses Payable Br. 5.333

Haile Resort

Trial Balance

August 31, 2022

                                                             Debit       Credit

Cash                                                Br. 39,200

Rental Receivable                                   1,600

Prepaid Insurance                                 9,000 - 2,250

Supplies                                                 5,200 - 3,900

Land                                                    40,000

Buildings                                          240,000

Equipment                                         32,000

Accounts Payable                                                  Br. 9,000

Unearned Rent Revenue                                            9,200 - 7,600

Salaries and Wages Payable                                         750

Mortgage Interest Payable                                         5,333

Mortgage Payable                                                   100,000

Share Capital—Ordinary                                        200,000

Retained Earnings                                                              0

Dividends                                          10,000

Rent Revenue                                                         172,400 + 7,600 + 1,600

Salaries and Wages Expense         89,600 + 750

Utilities Expense                               18,400

Maintenance and Repairs Expense 7,200

Insurance Expense                           2,250 (Br. 9,000 x 3/12)

Supplies Expense                             3,900

Depreciation Expenses:

Buildings                                           2,400 (Br. 240,000 x 4% x 3/12)

Equipment                                           800 (Br. 32,000 x 10% x 3/12)

Mortgage Interest Expense            5,333 (Br. 100,000 x 8% x 8/12)

NB: The mortgage note is dated 1/1/2022 and not 6/1/2022.

Learn more about adjusted trial balances at brainly.com/question/26511117

#SPJ1

Other Questions
In a scientific study there are 10 guinea pigs, 4 of which are pregnant. If 3 are selected at randorm without replacement, find the probability that all are pregnant. Enter your answer as a fraction or a decimal rounded to 3 decimal places.P (3 are all pregnant) = 7 Jon is using square ceramic tiles, each 20cm x 20cm, to cover a rectangular worktop in his greenhouse. He can fit exactly 6 tiles along the shorter edge of the worktop and 15 along the length. (a) How many tiles will he use, altogether, to cover the orktop? (b) What is the length of the worktop? Give your answer in metres (m). ............m a sizable quantity of soil is washed down the mississippi river and deposited in the gulf of mexico each year. what effect does this tend to have on the length of a day? select all that apply the three steps of experimentation are: group of answer choices correlate, compare, and manipulate. correlate, concentrate, and manipulate. manipulate, measure, and compare. compare, correlate, and measure. a unit of granulocytes prepared on april 13th at 10:00 am and is irradiated at 2:00 pm the same day. what is the expiration date? a multiple choice test has 10 questions on it. each question answered correctly is worth 5 points, each unanswered question is worth 1 point, and each question answered incorrectly is worth 0 points. how many of the integers between 30 and 50, inclusive, are not possible total scores? Wagenlucht Ice Cream Company is always creating new flavors of ice cream. They are market-testing three kinds to find out which one has the best chance of becoming popular. They give small samples of each to 20 people at a grocery store. Four tasters preferred Strawberry Cream, twelve preferred Choco-Nuts, and four preferred Orange Mint. Identify which Pareto chart represents these results. How did the patroons impact the settlement of the middle colonies? At what time must a policyowner have insurable interest on the insured in order for the life policy to be valid?After the Contestable periodWhen the policy proceeds are paidAt the time of applicationWhen the insured dies tvm consulting bought new building for its headquarters in the year 2000. the purchase cost was 766,335 dollars and the company spent an additional 53,586 dollars adapting the space before it was put into service. the building has been in use since june 21st, 2000. tvm consulting forecasted that in 2030 the building would have a net salvage value of $1,000,000. estimate the net cash flow from salvage value after taxes if tvm consulting decides to sell the building on april 15th 2004 for $1,083,413, and the capital gains tax rate is 34%. (note: round your answer to two decimal places; do not include spaces or dollar signs; do not round the recovery factors from the depreciation tables) Find the general expression for the area of the shaded region The products of photosynthesis serve as?a the reactants for cellular respirationb the products for cellular respirationc the source of carbon dioxide in our atmosphered none of the above An iron cube floats im a bowl of liquid mercury at 0 degrees C. a) if the temperature is raised to 25 degrees C, will the cube float highter or lower in the mercury? b) by what percent will the fraction of volume suberged change? You find the following reaction at equilibrium. What will happen if you remove some of the solid AgCl?Ag+ (aq) + Cl- (aq) AgCl (s) The First and third term of geometric progressionare 5 and 80 respectively. What is the 4th termof geometric progress. In fulfilling a literary management role for a theatre, a dramaturg is responsible for all the following except: A. Finding plays B. Developing plays C. Writing plays D. Shaping plays What is the area of a circle that has a circumference of 24? what is technological interrelatedness the production possibilities frontier illustrates group of answer choices the trade-off between efficiency and equality. the combination of output that an economy should produce. the combination of output that an economy can maximum produce. none of the above is correct. boot camps are a form of group of answer choices split sentence. pretrial diversion. shock incarceration. intensive probation supervision.