Chen at Chen Construction works on new neighbourhood developments that take many months to complete. They often cross a fiscal year. He typically requires a deposit from the homeowners. When a 3rd customer called to complain that they had recently overpaid for a home build, Chen discovered that their $200,000 deposit was still sitting in the Customer Deposits liability account. Due to this and other errors, he has just fired his bookkeeper and hired you to review and fix his books. He's looking for you to advise him on correct procedures to use going forward.

Answers

Answer 1

1. Ensure that all customer deposits are recorded in the Customer Deposit Liability account in the same month that the deposit is received.

What is the Deposit ?

A deposit is a sum of money that a person or organization puts into a bank account or financial institution. It is usually held for a certain period of time and earns interest during that period. Deposits can be made by individuals, businesses, or governments.

2. Set up a system to track customer deposits, including the customer name, date of deposit, amount of deposit, and the project to which the deposit applies.

3. Monitor customer deposit balances and reconcile them to the customer deposit liability account on a monthly basis.

4. Review and sign off on all customer deposit transactions before they are recorded in the accounting system.

5. Establish procedures to ensure that deposits are applied to the correct project when the customer takes possession of the home.

6. Monitor customer deposits for any unapplied amounts and apply them to the correct projects as soon as possible.

7. Ensure that customer deposits are refunded promptly when appropriate.

8. Report customer deposit balances to the owners on a regular basis.

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Related Questions

Cincinnati, Ohio is directly north of Atlanta, Georgia. Cincinnati has a latitude of 39.1°N and Atlanta has a latitude of 33.7°N. If the earth has a radius of 3,960 miles, how far apart are these cities?

Answers

The distance between Cincinnati, Ohio and the north of Atlanta, Georgia is 374 miles.

What is latitude?

It should be noted that latitude simply means the measurement of the distance of the south or north of the Equator.

Based on the information, Cincinnati has a latitude of 39.1°N and this is 0.682 rad while Atlanta has a latitude of 33.7°N and this is 0.588 rad.

The radius is 3960 miles.

Therefore, the distance will be:

= Radius ( Latitude 1 - Latitude 2)

= 3960 ( 0.682 - 0.588)

= 374

Therefore, the distance is 374 miles.

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why does tell me to watch an ad to skip

Answers

What are you talking about

Answer:

so you do not have to pay for premium

Explanation:

Compare and contrast Luminosity, Apparent Brightness and Magnitude in stars

Answers

Answer:

c

Explanation:

The apparent brightness, and apparent magnitude, depends on the location of the observer. Also apparent brightness, magnitude, and luminosity are all measured in watts.
This is all I can think of at the moment but good luck :)

ANYONE KNOW A FREE WEBSITE THAT LETS U PLAY FNAF FOR FREE ON COMPUTER WITH NO DOWNLOAD OR ANYTHING

Answers

Answer:

id try an unblocked games website, see if its on there

Explanation:

Answer:

you rlly won't find any. you will have to purchase the game to get it. this is scotty boi's job after all. he needs the money for his family. but websites who do have it free are just idiots who stole it and made the game trash. so i wouldn't it could put a virus in your device. just stick with scott's games.

Explanation:

How can a marginal analysis be useful on choices that don't deal with money ?

Answers

Answer:

The theory of marginal analysis states that whenever marginal benefit exceeds marginal cost, a manager should increase activity to reach the highest net benefit. ... Sunk costs, fixed costs, and average costs do not affect  the marginal analysis. They are irrelevant to future

Explanation:

Which of the following is a feature of a type lV flotation device

Which of the following is a feature of a type lV flotation device

Answers

The feature of a Type IV flotation device is that it is designed to be thrown to a person in need of assistance in the water.

What is a Type IV flotation device?

A Type IV flotation device, also known as a throwable device, is designed to be thrown to a person in need of assistance in the water. It is not meant to be worn but rather thrown to a person to provide buoyancy and aid in keeping them afloat until help arrives.

While it can provide support to the head, it does not guarantee face-up positioning for the victim. However, it serves as a valuable aid in water rescue situations.


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These question are from my study guide for my final and i have permission from the teacher to ask for help so b4 deleting my feed might want to ask now that that is out of the way. iIgot the answer for some of them the rest i need help on any help is appreciated

Answers

Answer:

'Kay.

Explanation:

I'll help you, but where are the questions?

Strategy Ms Explorer can use to accommodate a blind learner

Answers

- Provide audio descriptions of visual elements on the screen.
- Ensure all necessary accessibility features, such as screen readers and magnifiers, are enabled and properly set up on the computer.
- Use clear and concise language when communicating with the learner.
- Provide text alternatives to any visual materials used in the lesson.
- Use tactile diagrams or 3D models, if applicable.
- Encourage the learner to ask questions and provide feedback on their experience.

What areas of fitness show an improvement through fitness assessments? What activities do you think contributed to these improvements? PLEASE HELP ME!! I WILL MARK YOU AS THE BRAINLIEST AND I WILL GIVE YOU EXTRA POINTS :) ALL I WANT IS SOMEONE TO TRY TO HELP ME :)

All i need is a better understanding of what it is asking :)

Answers

Answer:

This has to do with what you got on your fitness test, it's asking in what areas you improved from the last time you took this fitness test. So for example, if I got 20 pushups, 20 situps, and 20 squats on the first try, then I got 25 pushups, 30 situps, and 35 squats on the second try, then i improved in pushups by 5, situps by 10, and squats by 15. That's what it's asking you so I can't answer that for you but I hope you understand what you gotta do. And for the second part, well you just have to state what helped you to improve. For example, let's say that in preparation for the test, I'd go mountain climbing, that would contribute to me being able to do more squats.  

Hope this helps

btw, dont put this as your answer, im just explaining what you gotta do cuz I cant answer it for you

pls help
Banks across the country are decreasing nominal interest rates. What will happen to the price of government bonds?​

Answers

Answer: Bond prices move inversely to interest rates, so as interest rates fall, the price of bonds rises.

Which of the following is an example of investing in yourself?
A. Taking the time to learn how to create a budget.
B. Investing your money in the stock market.
C. Planning out your financial goals.
D. Signing up for an online class.

Answers

Answer:

D. Signing up for an online class.

Explanation:

Signing up for an online class is an example of investing in yourself. Investing in yourself means taking actions to improve your skills, knowledge, or abilities in order to increase your value or potential for success. By signing up for an online class, a college student is taking the time and effort to learn new material and gain new skills that may benefit their academic or career goals. This type of investment in oneself can lead to long-term personal and professional growth.

Place each structural name in the proper category in order to indicate whether the underlined term denotes a singular, plural, or adjectival ending.

Answers

To properly categorize each structural name indicating whether it denotes a singular, plural, or adjectival ending, we need the list of structural names.

Without the specific terms, it is not possible to provide a categorical classification. However, I can explain the general patterns of singular, plural, and adjectival endings in structural names:

1. Singular Endings: Singular endings typically indicate a single entity or element. Examples of singular endings in structural names include "-ium" (e.g., titanium), "-us" (e.g., nucleus), and "-a" (e.g., formula).

2. Plural Endings: Plural endings often indicate multiple entities or elements. Examples of plural endings in structural names include "-a" (e.g., mitochondria), "-i" (e.g., fungi), and "-es" (e.g., processes).

3. Adjectival Endings: Adjectival endings modify or describe a noun. These endings are typically used to denote characteristics or properties of the structural names. Examples of adjectival endings include "-ic" (e.g., carbonic), "-ous" (e.g., aqueous), and "-al" (e.g., structural).

By analyzing the specific terms and their endings, one can determine whether they fall into the category of singular, plural, or adjectival endings.

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Paul works in a cookie factory that is about to be closed down as the unfortunate outcome of a lengthy legal battle between multiple stakeholders.

Answers

Answer:

What exaclty is the question?

Because stakeholders may have different expectations from a corporation, there may be friction between them.

What a lengthy legal battle between multiple stakeholders?

Diverse stakeholder groups' interests can collide. For instance, owners may be reluctant to see the company pay high wages to employees because they typically aim for big profits.

It will be possible to have a more fruitful debate about how to proceed after explaining to each party how their respective points of view differ from one another.

Stakeholder management is challenging because it involves a variety of people with various demands for information and expectations.

A company choice to outsource production may result in lower labor expenses.

Therefore, They might not be aware that there is a problem, in which case they might claim that it has been resolved when in fact it has not.

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Explain the stages of growth as described by Wallerstein.

Answers

As against Frank's three stages, Wallerstein suggests four stages of the growth of capitalist world system: 1450-1640, 1650-1730, and 1760-1917 and the period of consolidation after 1917. It is noteworthy that, for Wallerstein, capitalism as a system existed from the middle of the 15th century.

PLEASE HELPP

1. Use the image of Earth at night above, your knowledge of Four-Level
Analysis, and the course skills to answer the prompts. Also refer to the
introduction discussion on verbs (page xxx) to assist you on how much
to write for each part of the question.
tedavitsejdo gnimes
(A) Identify the overall scale of the Earth at night image.
(B) Describe TWO patterns on the map.
snA lanolpa. pigoT
(C) Explain why the Earth at night image is considered a qualitative
source and not quantitative.
(D) Explain ONE reason why eastern China is brighter than western
China.
gadh)
(E) Explain ONE economic impact of so many people living on the
coasts of the world's continents.
qmos o to he 26
(F) Explain ONE environmental impact of so many people living on
ocation the coasts.
noo18
(G) Describe a major limitation of using the Earth at night image to
illustrate the location of the world's population.

Answers

(A) The overall scale of the Earth at night image is global.

(B) Two patterns visible on the map are the concentration of light in the northern hemisphere, particularly in Europe and North America, and the bright cluster of lights around the Indian subcontinent.

(C) The Earth at night image is considered a qualitative source because it does not provide any quantitative data. Instead, it illustrates the concentration of human activity in an area based on visual cues such as the intensity of light.

(D) One reason why eastern China is brighter than western China is because eastern China is more densely populated and has a higher concentration of cities and towns.

(E) One economic impact of so many people living on the coasts of the world's continents is that it provides access to resources such as ports, which can facilitate trade and international commerce.

(F) One environmental impact of so many people living on the coasts is increased pollution due to the concentration of industrial activity and population density.

(G) A major limitation of using the Earth at night image to illustrate the location of the world's population is that it does not take into account the population distribution in rural or remote areas.

ST+QS=RT what its reason

Answers

Answer:

PS = RT, PQ = ST Give?

PQ+QS=PS Segment Addition

ST+QS=RT False - should be ST + QS = PS by Substitution

RS+ST=RT Segment Addition

ST+QS=RS+ST Equal of equals are equal

QS=RS Subtraction Property of Equality

Because of the error in 3 the proof is incorrect, i.e. QS ≠ RS

Explanation:

what has been the biggest factor in the increased supply of computer chips over the past few years
a. increase in quantity demanded of computers
b. increase in the demand for internet services
c. increase in the quantity supplied of computers
d. increase in supply of computers

Answers

Answer:

A. Increase in the demand of computers

Explanation:

In economics, we understand that more demand translates to more supply and vice versa.

Also, it should be noted that the current generation of computer are made from computer chips.

So, the increase in the supply of computer chips (as stated in the question) is a function of an increase in the demand of computers.

Hence, option A answers the question.

What is a periodical? What is the difference between the periodical title
and the article title?

Answers

Answer:  The title of the article is in sentence-case, meaning only the first word and proper nouns in the title are capitalized. The periodical title is run in title case, and is followed by the volume number which, with the title, is also italicized.

Explanation:

Jenna's name was announced and she climbed the stairs to the stage. As she looked out to her friends and family, her eyes glistened with tears. "My fellow classmates", she began as the flash of cameras lit up her face.
Which of these is a explicit detail from the text?

A. Jenna received a award.
B. Jenna walked onto the stage.
C. Jenna is upset.
D. Jenna's family is taking her picture.

Answers

Might the answer is A
Answer is B, Jenna walked onto the stage.

It’s explicitly stated, “she climbed the stairs to the stage”, whereas the rest are assumptions.

of human afe aware Are you rights violation happening your community Please expla in Your answear.​

Answers

Answer. yes, I am aware of the human rights violation happening in our community or the society and we all need to know about that and take action accordingly. Explanation: We need to be aware of human rights abuses in our community. There are many people in our community who cannot practice their religion or ritual.

Describe the pattern of inheritance that is most likely associated with a mutation in the MT
-ND5
gene. Explain why individuals are not typically heterozygous with respect to mitochondrial genes.

Answers

The nost likely associated with a mutation in the MT-ND5 gene is a maternal inheritance pattern as this gene is located in the mitochondrial genome.

Why are individuals not typically heterozygous with respect to mitochondrial genes?

Mitochondrial DNA is inherited exclusively from mother which means all mitochondrial DNA in an individual's cells is derived from maternal line.

So, if a mutation in the MT-ND5 gene is present in a mother's mitochondrial DNA, all of her offspring will inherit the same mutation.

This results in a homoplasmic state where all mitochondria in the individual's cells carry the same mutation. As a result, individuals are not typically heterozygous with respect to mitochondrial genes.

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which one looks better
which duck looks better
:\/ quack or :|/

Answers

I personally like :V ^w^

Answer:

:!/

Explanation:

Which of the following is NOT generally found in a company's handbook?

Safety regulations

Time off policies

Dress code information

Salary information for each employee

Answers

Answer:

salary for each employee

Sociologists studying poverty have found that poverty exists in a cycle where the consequences and causes are
Intertwined, in addition to poverty becoming entrenched, other key consequences of poverty include

Answers

Other key consequences of poverty even though it exists in a cycle where the consequences and causes are intertwined are;

Lower standard of living due to the lower per capita income.The illiteracy as a result of being poor.

What is poverty?

Poverty serves as a state of been poor and not be able to meet up with one's daily economic needs.

However, Sociologists study poverty and have found that poverty exists in a cycle and lower standard of living serves as a consequence for this.

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Which statement about ctc payments is false

Answers

A statement that is false about Child Tax Care payments is A. The child for whom the credit is claimed must be under the age of 15 at the end of the year.

What is a Child Tax Care payment?

The Child Tax Care (CTC) payment is done to help Americans with children to be able to access funds that they can use to take care of their children and families.

For a family to be able to access this payment, they would need to ensure that their children are qualifying children according to the definition by the Internal Revenue Services. This does not include a requirement that the child should be aged 15 or less. The full credit payment that one can get for their child is $1,000.

Options for this question include;

A. The child for whom the credit is claimed must be under the age of 15 at the end of the year.B. The credit is subject to phase-out based on the taxpayer's AGI.C. The full credit for a child who qualifies is $1,000.D. The child for whom the credit is claimed must meet the definition of a qualifying child.

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Which statement best describes the process that produced one of the ending population of moths

Answers

without any information i would say the industrial revolution and the pollution that occured because of it

How did the corona virus impact the medical supply industry, domestically and globally?

Answers

Because of so many patients and the new strain, doctors all over the world worked hard to keep patients alive, while many hospitals broke the bed quota.

ollege Knowledge
Question 10 of 20
Most four-year colleges want to see that you have participated in community
service and extracurricular activities because:
A. these schools like to see that you were busy in high school.
B. these schools believe that students who participate in these
activities are smarter.
C. these schools want to see how you will contribute to the college
community outside of the classroom.
D. these schools require you to participate in these activities to earn
a bachelor's degree.
SUBMIT

Answers

Most likely C because they don’t care how busy you are, they depend your smartness on you test scores, and the you get a bachelor degree depending on what you do in college.


So in conclusion C is the most reasonable

What role should the United States have in international peace keeping?
I need the essay to be in between 300 - 550 words.

Answers

Answer:

International peacekeeping has become an important issue for the United States, as it is the world's leading superpower with significant influence over global security. The U.S. has a responsibility to ensure that peace is maintained worldwide, and this responsibility includes participating in peacekeeping missions. However, there is much debate over what role the United States should play in international peacekeeping.

Some argue that the U.S. should lead peacekeeping efforts around the world, while others believe that the U.S. should take a more passive role and only participate in peacekeeping when necessary. Supporters of a strong U.S. leadership role argue that the U.S. has the resources and military might to intervene and prevent conflicts from escalating. They believe that the U.S. should use its power to protect human rights and promote democracy worldwide, which will ultimately contribute to global stability.

On the other hand, opponents of a strong U.S. leadership role argue that the U.S. should not interfere in the internal affairs of other countries. They believe that the U.S. should take a more isolationist approach and avoid getting involved in foreign conflicts. They argue that the U.S. should focus on its own domestic issues and leave other countries to resolve their own conflicts.

Despite these differing viewpoints, it is clear that the United States has an important role to play in international peacekeeping. As a leading superpower, the U.S. has a unique responsibility to promote global security and stability. The U.S. has already played a significant role in peacekeeping missions in various regions around the world, such as the Middle East and Africa.

However, it is important for the U.S. to approach peacekeeping with caution and carefully consider the potential consequences of intervention. The U.S. should only participate in peacekeeping missions when there is a clear and compelling reason to do so, and should always work with other countries and international organizations to ensure that peacekeeping efforts are effective.

In addition, the U.S. should prioritize diplomacy and conflict prevention over military intervention. The U.S. should work to address the root causes of conflicts, such as poverty and inequality, and promote dialogue and cooperation among nations. By focusing on diplomacy and prevention, the U.S. can help to prevent conflicts from escalating and reduce the need for military intervention.

In conclusion, the United States has an important role to play in international peacekeeping. However, this role should be approached with caution and consideration for the potential consequences of intervention. By prioritizing diplomacy and prevention, the U.S. can help to promote global security and stability in a responsible and effective manner.

The United States is one of the most powerful countries in the world, with a strong military and a vibrant economy. As such, the United States has a unique role to play in international peacekeeping. The U.S. should be a leader in promoting peace and stability around the world, using its resources and influence to help resolve conflicts and prevent violence.

One way the U.S. can contribute to international peacekeeping is by providing financial support. The U.S. is the largest contributor to the United Nations, which plays a crucial role in maintaining peace and security around the world. The U.S. should continue to provide financial support to the UN, as well as other international organizations that work to promote peace, such as the International Red Cross and the International Criminal Court.

Another way the U.S. can contribute to international peacekeeping is by providing military support. The U.S. has one of the most powerful military forces in the world, and it can use this power to help prevent conflicts and protect civilians. For example, the U.S. could provide military support to UN peacekeeping missions, helping to ensure that they have the resources they need to be effective.

In addition to financial and military support, the U.S. can also play a key role in promoting diplomacy and dialogue. The U.S. has a long history of diplomacy, and it can use this expertise to help resolve conflicts and prevent violence. For example, the U.S. could act as a mediator in conflicts between other countries, helping to bring the parties to the negotiating table and find a peaceful resolution.

Finally, the U.S. can also play a role in promoting human rights and democracy around the world. By promoting these values, the U.S. can help create a more stable and peaceful international community. For example, the U.S. could use its influence to pressure countries that violate human rights to change their policies, or it could provide support to pro-democracy movements in countries that are transitioning to democracy.

In conclusion, the United States has a unique role to play in international peacekeeping. By providing financial and military support, promoting diplomacy and dialogue, and promoting human rights and democracy, the U.S. can help create a more peaceful and stable world. It is important for the U.S. to continue to be a leader in promoting peace and security around the world, using its resources and influence to help resolve conflicts and prevent violence.

PLEASE HELP ASAPPPPP!!!!!!!!!!!!!!!!!!

Which of the following is not a way that minerals are used?
A)
industry
B)
construction
C)
technology
D)
research
E)
none of the above


Please select the best answer from the choices provided

A
B
C
D
E

Answers

Answer:

My answer is letter E. None of the above

Answer:

E Non of the above.

Explanation:

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Factors that hinder the development of river transport consider an equally-weighted portfolio of two stocks (50-50) where one stock has an expected annual return of 5% and the other has an expected return of 11%. what's your portfolio's expected return? answer in percent. If you were to dehydrate 3-methycylohexanol, what products would you expect to isolate and which, if any, would predominate. Alyssa has set up a personal budget with total monthly expenditures of $ 3250. If 20 percent sign of her income is taken out of her paycheck for taxes and other deductions, what is the minimum amount she must earn per month in order to cover her budget?. In-class Activity 1 1. Consider the analog signal \[ x_{a}(t)=3 \cos 2000 \pi t+5 \sin 6000 \pi t+10 \cos 12000 \pi t \] (a) What is the Nyquist rate for this signal? (b) Assume now that we sample thi HELP PLZZZZZZZZ!!!!!!!! 30 POINTS!!!!!! Who is buried in Potter's Field in the graveyard book? for a reaction that follows the general rate law, rate = k[a][b]2, what will happen to the rate of reaction if the concentration of b is increased by a factor of 5.00? use a two-way data table to show how profit changes as a function of number of registered nonmembers and the no-show percentage of nonmembers. vary number of nonmember registrants from 80 to 160 in increments of 5 and the percentage of nonmember no-shows from 10% to 30% in increments of 2%. in which interval of nonmember registrants does breakeven occur if the percentage of nonmember no-shows is 22%? breakeven appears in the interval of 125 to 130 registered nonmembers. (c) consider three scenarios: base case worst case best case % of members who do not show 25 % 50 % 12 % % of nonmembers who do not show 10 % 30 % 5 % number of nonmember registrants 140 135 150 all other inputs are the same as in part (a). use scenario manager to generate a summary report that gives the profit for each of these three scenarios. what is the highest profit? what is the lowest profit? if required, round your answers to two decimal places. for subtractive or negative numbers use a minus sign. Im not sure what the answer is. what three things do families do to pay respect to those who have passed? A high-performance composite flywheel rotor can spin anywhere between 30,000 and 100,000 revolutions per minute. Whatis the range of degrees through which the composite flywheel can travel in a minute? Write your answer in scientificnotation. Factor completely.4x^2 - 1 Okay so I asked my teachers to help me but they can't figure it out :> State true or false and justify your answer; Earnings per sharemeasure the net income earned on each share of common stock. What is the diameter of the inscribed circle of the triangle?The diameter of the inscribed circle of the triangle is(Type a whole number.)x+22x-7 George Washington Carvers Questions1. what events in carver's life from child to adulthood shape him?2. What hurdles did he overcome in order to accomplish what he did?3. What did he do that the highlight of his life?4. Did he do anything that was special and affected many others?5. How is Carver know, locally, nationally, or internationally?6. Write about examples from his life that illustrates the qualities you choose to highlight.7. How did the life and contributions of Carver towards mankind inspire you as a person? What is a state or nation governed by the people A. Contract B.charter C. Bicameral D. Commonwealth A bondholder of an unsecured bond is entitled to ________ if the organization is unable to pay its debt. Karen spent a total of 120,000 to purchase a building including 20,000 in the preparation of the sales contact and 100,000 paid to the seller received a building with the fair market value D land was a fair market value and furniture what is Caroline basic in the building land and funniture.