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Where would you go to review your clients expense account to see if any transactions have been miscategorized? Reclassify transactions from Accountant Tools Voided/deleted transactions

Where would you go to review your client’s expense account to see if any transactions have been miscategorized?

Reclassify transactions from Accountant Tools

Voided/deleted transactions from Accountant Tools

Reclassify transactions in the Banking center

Reclassify transactions from the Gear icon

Reclassify transactions from + New

Answer the following questions from the information provided below: Rannal Stres intervis selling a stove on credit. The selling price of the strus is R5 000 The mark-up on the coat price is 50% Credit terms of 2/10 net 60 were agreed upon. The cost of capital to Bennet Stores is 15%. Calculate the profit that Bennet Stores would make if the account is settled within the discount period. Should the customer fail to pay the amount due and the account is written off after 90 days, how much would be the loss to Bennet Stores?

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