Find the relevant function in xero

Assignment Help Financial Accounting
Reference no: EM133074113

Question: The company purchased a wheel aligner with the bank account on 2020-07-20.

Find the relevant function in Xero to record the purchase of equipment.

To: Best Dealer
Date: 2020-07-20
Reference: Leave blank
Amounts are Tax Inclusive
Account 710 - Workshop Equipment
QTY: 1
Unit Price $22548.9
Description: Wheel aligner
Tax Rate: GST on Capital

Reference no: EM133074113

Questions Cloud

What is annual manufacturing overhead cost-allocation rate : For Bauer Manufacturing, what is the annual manufacturing overhead cost-allocation rate for the Machining, and Assembly Departments
Outline the importance of monetary policy : Discuss how monetary policy plays an important role in reducing the economic and financial disruption resulting from COVID 19.
Analysis of the infamous takeover : Provide an analysis of the infamous takeover of all time, Vodafone AirTouch and Mannesmann AG by exploring:
Find floating rate and receives a fixed-rate : Suppose that a life insurance company has issued a three-year GIC with a fixed-rate of 10%. Under what circumstances might it be feasible for the life insurance
Find the relevant function in xero : The company purchased a wheel aligner with the bank account on 2020-07-20 - Find the relevant function in Xero to record the purchase of equipment
How are ethics and compliance in finance relevant : How are ethics and compliance in finance relevant in your department?
Annual investments and compounding : Shaylea, age? 22, just started working? full-time and plans to deposit ?$4,600 annually into an IRA earning 7 percent interest compounded annually. How much wou
What is the ex-rights stock price : A company's stock currently sells for $69 per share. Last week the firm issued rights to raise new equity. To purchase a new share, a stockholder must remit $19
Environment as information perspectives : One key aspect is the "Environment as Information Perspectives." Discuss what was determined to be the environmental uncertainty for your chosen organization.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is kasar actual tax rate for the current year

Kasar Co. has net income, before taxes, The effective tax rate for the current year is 29.5%. What is Kasar's actual tax rate for the current year?

  Assuming the amount on deposit will earn

Giles wants to retire at the end of 2016. His life expectancy is 20 years from his retirement. Giles has come to you, his CPA, to learn how much he should deposit on December 31, 2016 to be able to withdraw $55,000 at the end of each year for the nex..

  Calculate payback period average rate of return

Accompany is considering considering and investment proposal,Calculate payback period average rate of return and PV profitability index @ 10% discounted rate.

  What is the equity at year-end

Company's assets are $300,000 and the its equity is 100,000. during the year, asset increase $800,000 and liabilities increase to $50,000.What is the equity?

  What is goodfellows gross profit during the second year

Assuming the $1,000,000 worth of 8 percent mortgage loans are still outstanding, what is Goodfellows' gross profit during the second year?

  The xtra appliance manufacturing corporation manufactures

the xtra appliance manufacturing corporation manufactures two vacuum cleaners the super and the standard. the

  Find what is profitability index for the set of cash flows

What is the profitability index for the set of cash flows if the relevant discount rate is 15 percent? (Do not round intermediate calculations)

  Find what will be firm quick ratio after nelson has raised

The Nelson Company has $1,430,000 in current assets and $550,What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds?

  What is the total cost of job

Job B-2 used 150 direct labor hours and $2,900 worth of direct material. What is the total cost of job B-2? Round to closest whole dollar (no cents)

  What is the balance in inventory

The SOS Corporation uses FIFO for its inventory accounting. During 2013, the company sold 2930 number of widgets. What is the balance in Inventory on 12/31/2013

  How to prepare a balance sheet for morton immediately

Morton Co. paid cash of $ 178,000 to acquire Zink Company's net assets on February 1, 2013. The balance sheet data for the two companies and fair value information for Zink immediately before the business combination were.

  What is the amount and character of wrangler gain or loss

Over the years, Wrangler has recognized $50,000 of depreciation. Please show work. What is the amount and character of Wrangler's gain or loss

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd