When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses incurred over the past two years? > Collapse / expand Compare another period > Year-to-date (YTD) Compare another period > Previous year (PY) Group by O Sort ​

Answers

Answer 1

Answer: Compare another period > Previous year (PY)

Explanation:

QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.

Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.


Related Questions

what the importance of teamwork​

Answers

Answer:

Businesses thrive when they have a diverse team of people who can contribute individual ideas. Teamwork helps solve problems. Collaboration within a group can help solve difficult problems. Brainstorming is a good opportunity for the team to exchange ideas and come up with creative ways of doing things.

Explanation:

Can you give me brainliest i really need it to reach my next rank

Answer:

A teamwork environment promotes an atmosphere that fosters friendship and loyalty. These close-knit relationships motivate employees in parallel and align them to work harder, cooperate and be supportive of one another. Individuals possess diverse talents, weaknesses, communication skills, strengths, and habits.

Explanation:

in a paragraph of 125 words, describe a vocational program you might be interested in completing. Explain what you
find Interesting about the vocation you selected. Be sure to Include Information about the specific skills it requires, and
the level of education or training needed to be qualified to get a job In the vocation you select.

Answers

Explanation:

Those who might love to participate in a program in vocational design. Those who like me, I am a lovely girl, or in my education, Architecture School, where we learn a great deal about layout, that kind of curriculum is really common.

This sort of software can be really useful to me so I can get the realistic knowledge I need for it. I will improve my stitching, tailoring, textile painting, clothing drawing, clothing and image photocopying skills, and much more.

Using the word “CAPITALISM,” create an acrostic poem that demonstrates your understanding of the term. Feel free to come back and comment on other student poems as well!

Answers

Answer:

Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. In doing so, they enjoy a great deal of legal freedom to dispose of these means, free enterprise production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their company. Hence, the capital owner will not fully consume the profit but reinvest in the business and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is, in principle, limited to that of market master.

Answer:

Explanation:

Controlled

Allows

Political

Innovation

Tolerant

America

Land

Inferior

State

Marketing

Different customer statement types are available to suit different client situation. Heather wants to help hendatud unpaid invoices, unapplied payments, and Credit Memos. Which statement type should she choose?
A. Balance Forward
B. Open Item
C. Transaction Statemont
D. Client Open Balance

Answers

Answer:

B. Open Item

Explanation:

The open item of creditor side in accounting means the expenses or invoices that are still open from a supplier and the payment has not made i.e. it is open and would be settled and it is predicted to be settled on the last date

So as per the given situation, the option B is correct

And, the rest of the options are wrong

Therefore the same is relevant

How is opportunity cost related to scarcity?

Answers

Answer:

This concept of scarcity leads to the idea of opportunity cost. The opportunity cost of an action is what you must give up when you make that choice. Another way to say this is: it is the value of the next best opportunity. Opportunity cost is a direct implication of scarcity

Explanation:

A person would most likely be able to justify the added cost of flood
insurance in which situation?
A. The person plans to move to an area far from the coast.
B. The person lives in an area that experiences hurricanes.
C. The person has homeowner's insurance that covers floods.
D. The person is in poor health and often goes to the hospital.

Answers

Answer:

B. The person lives in an area that experiences hurricanes.

Explanation:

Insurance coverage offers protection against losses caused by risk events stated in the policy document. The insurance company provides financial compensation should the insured suffer losses as a result of a risk covered by the insurance. The policy document states the amount of compensation the insured is entitled.

The amount of compensation is determined by many factors, including premiums. Premiums are considered as the cost of insurance. High premiums indicate that a person has a big insurance cover, which will compensate more in the event of a loss.  A person living in a place that experiences hurricanes may want to pay high premiums for a flooding cover. Such a person is greatly exposed to flooding will require significant compensation should floods occur.

Answer:

b

Explanation:

What are the different types of economic measurements used to analyze most economies

Answers

Answer:

The levels of poverty.

Exchange rate.

The productivity of laborers.

National debt/The total borrowings of the government.

Inequality in Income.

Real Disposable Income

The Misery Index.

Explanation:

The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.

Compute the direct material costs for the year.B.Compute the indirect labor costs for the year.C.Compute the total factory overhead costs for the year.D.Compute the cost of goods manufactured for the year.E.Compute the cost of goods sold for the year.F.Compute the gross profit for the year.

Answers

Answer:

Hi, your question is incomplete, I tried to look for it online but i could not find it.

Here are some explanations on ways to calculate the required amounts.

Part A

Direct Material Cost

This is a component used in manufacturing a product and is found in the manufacturing account.

To calculate the Direct Material costs, we deduct the Ending Material Inventory amount from the Total of Beginning Material Inventory and Material Purchases made during the period

Part B

Indirect Labor Cost

This is also a component found in the manufacturing Account.

Indirect labor costs are calculated by deducting the direct labor costs from the total labor costs incurred during the manufacturing period.

Part C

Total Overheads Costs

This is also a component found in the manufacturing Account.

Overheads are manufacturing expenses that can not be directly traced to the product being produced. Examples are electricity, water and factory rent. So add up these expenses to arrive at the amount overheads.

Part D

Costs of Goods Manufactured

This is an amount reported in the manufacturing account.

To calculate the cost of goods manufactured we add the Opening Work In Process Inventory to the Total Manufacturing Costs incurred during the period then deduct the Ending Work In Process Balance.

Part E

Cost of Goods Sold

This is an amount reported in the Trading account for profit determination.

To calculate the Cost of Goods Sold, we add the Beginning Finished Inventory Balance to the amount of Cost of Goods Manufactured then deduct the Ending Balance in Finished Inventory.

Part F

Gross Profit

This is an amount reported in the Trading account for profit determination.

To calculate the Gross Profit , we deduct the Cost of Goods Sold from the Total Sales made during the Trading period.

You prepared a one-page activity report for your supervisor to read while she is traveling. What would be the best way to distribute it to her?

A. Attach it to an email message.
B. Post it on a file-sharing site your team uses for shared documents.
C. Post it on your company's website.
D. Print it and mail it to your supervisor.

Answers

Answer:

A

Explanation:

I'm just guessing on what seems the most appropriate, polite and sensible.

A. Attach it an email message
It’s fast and secure I also asked my dad lol

Corporate philanthropy: Group of answer choices is defined by none of the above is not a way that many companies today express their social responsibilities can be either a cash or a noncash donation is defined as the corporation's responsibility to satisfy the needs of its investors is the practice of limiting investments to companies that behave in accordance with the investors' code of ethics

Answers

Answer:

None of the above.

Explanation:

Philanthropy, whose initial meaning is "love for humanity", is the practice through which the private sectors allocate part of their economic funds to charity or the performance of public works, through foundations or charitable funds that finance works that meet the needs of society or a sector of it. In this context, corporate philanthropy is the exercise of this type of activity by business or corporate groups, which use part of their earnings for the development of charities or public works.

Please help, please



QUESTION 2 of 10: You have enough inventory ($3,000,000) to last 30 days for the current orders being processed. However, a new order came in today, which has to be fulfilled in 15 days. This new order will deplete your inventory completely by that time. How much money in inventory must be ordered to last the month? O a) $1,000,000 Ob) $1,250,000 O c) $1,500,000 O d) $3,000,000​

Answers

Answer:

c) $1,500,000

Explanation:

Typically inventory for $3,000,000 will last for 30 days. The current order will be depleted by the 15th, which is half of 30 days. You require inventory to run for another 15 days. The inventory required will be half or $3,000,000

=$3,000,000 /2

=$1,500,000

which of the following resume statements is most effective?

have experience entering data into Microsoft word and excel

proficient in excel, word, visio, publisher, and powerpoint

certified in microsoft office

used expertise in data entry software, analyzed progress of energy conservation in green energy plants

Answers

Answer:

option D i am not sure my answers is correct or not

Answer:

used expertise in data entry software, analyzed progress of energy conservation in green energy plants

Explanation:

Which of the following is likely to INCREASE your monthly payment?

Increasing the size of your down payment
Qualifying for a lower APR
Decreasing the number of months in your term

Answers

Answer: the anwser is c

Explanation:

the decreasing the number of months is what shows you the payment issue

A company starts a technology organization dedicated to training high school students in the use of the latest program languages. How can the company justify creating and funding such an organization since it is not about its primary products

Answers

The correct answer to this open question is the following.

You forgot to attach the options for this question. However, by doing research we can answer the following.

The company justifies creating and funding such an organization since it is not about its primary products for the following reason: "The funds spent on the tech organization will increase the number of qualified tech people in the society and community."

And action like can justify the funds to create the technology organization dedicated to training high school students in the use of the latest program languages. The reason? It is an action aimed to strengthen the public image of the company by doing some actions that impact and benefit the community. The organization will help people to learn more about technology and be more interested in a career in technology.

t/f the requirements for becoming a financial planner vary from state to state?​

Answers

Answer:

each state has its owns laws and regulations so it is true that state to state requirements vary

This is a true statement because the states govern licenses that are offered to financial planners based on their background, their education, their experience and their credentials. Therefore, a financial planner in one state may not have the same credentials or backround as a financial in another state even though they are both considered financial planners.

Siskiyou Corp. has cash of $75,000; short-term notes payable of $100,000; accounts receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000. What is the firm's net working capital

Answers

Answer: $390000

Explanation:

First and foremost, we need to calculate the current assy from the given question which would be:

= $75000 + $275000 + $350000

= $700,000

Also, the current liabilities will be:

= $100000 + $135000 + $75000 = $210000

Therefore, the firm's net working capital willbe the difference between the assets and the liabilities calculated above. This will be:

= $700,000 - $210,000

= $390,000

When Dorothy had children, she decided to quit her job in advertising to stay home and raise them until they went to grade school. * 10 points a. Employed b. Unemployed c. Out of the labor force

Answers

Answer: Out of labor force

Explanation:

The above scenario shows that Dorothy is out of the labor force. The labor force is made up of those that are employed and have a job and those that are unemployed but are searching for job.

In this case, Dorothy left her job to cater for her child and is not looking for a job. This shows that she is out of the labor force.

Which of the following is true of marginal product? Select one:
a. When marginal product is negative, total product is increasing
b. When marginal product is increasing, total product is decreasing.
c. When marginal product is positive and decreasing. total product is decreasing.
d. When marginal product is positive and decreasing. total product is increasing by increasing amounts.
e. When marginal product is increasing, total product is increasing by increasing amounts.

Answers

Answer: When marginal product is increasing, total product is increasing by increasing amounts.

Explanation:

The marginal product is simply referred to as the additional output that is created due to the fact that an additional input has been placed into that particular organization or company.

The option thst is true of marginal product is option E "When marginal product is increasing, total product is increasing by increasing amounts".

We should also note that when the marginal product is reducing, but is still positive, then the total product will be increasing even though it'll now be at a decreasing rate.

A seller wants to net $100,000 after paying the broker 5% and paying off his loan balance of $200,000. He will also pay documentary stamps on the deed of $2100. What must the property sell for to cover all costs and net the seller his desired amount

Answers

Answer: $318,000

Explanation:

The amount that the property must sell to cover all costs and net the seller his desired amount would be:

= ($100,000 + $200,000 + $2100) / (100% - 5%)

= $302,100 / 95%

= $302,100 / 0.95

= $318,000.

The 90 days have now passed, and it is obvious to many policymakers that a recession exists because consumers are spending less. As a result of these data, the government passes a law that creates an office that will give everyone $3,000 they must spend. This office will take 9 months to create and for hiring the necessary personnel. How would the economy change in this second time period, where the data now have convinced all the policymakers that a recession exists and where the government passed a law to start expansionary fiscal policies, but the money hasn't been distributed yet

Answers

Answer:

In this second time period, people would have more positive expectations about their personal economy, and the overall economy, because they would expect the stimulus check of $3,000 to reach their accounts very soon.

This would make people a bit less cautious with their spending, despite the economic recession. Some people would even use a larger proportion of their regular salary to either pay outstanding debt, or to acquire more expensive consumer goods or assets, because they would set aside the $3,000 for daily expenses.

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