What is the hotkey for adding a filter on a particular data set?
Ctrl + Shift + L
What are the four main financial statements of company?
Income statement (revenue - expenses = net income) Statement of cash flows (beginning cash +- operating cash flow +- investing cash flow +- financing cash flow = ending cash) Balance sheet (assets = liabilities + equity) Statement of equity
Company XYZ buys inventory on account for $1,000. List the journal entry for this financial transaction.
Dr. Inventory $1,000 Cr. Accounts Payable $1,000