You have been hired by Rain Cross Auto Detail to manage their accounting operations. The first thing you will need to do is to create their accounting operations in QuickBooks Online. You will use the information from Chapter 13 to complete this project. Part I:
Create the new Rain Cross company in QuickBooks online using the information provided in Chapter 13 and submit the reports listed as Deliverable I for grading.
Part II:
Record the transactions for Week 1, 2, 3, and 4 using the information provided in Chapter 13 and submit the reports listed as Deliverable II for grading.
Part III:
Record the transactions for Week 5 using the information provided in Chapter 13 and submit the reports listed as Deliverable III for grading.
Part IV:
Write a two to three (2-3) page memo in which you summarize the firm’s financial position, based on the information you provided in Part III. As part of your analysis, include information that discusses the firm’s liquidity and profitability by performing ratio analyses such as (a) current ratio; (b) quick ratio; and (c) profit margin.
The memo will be submitted electronically as a Microsoft Word document with SWS formatting.

The average daily foreign exchange trading by banks around the world is closest to $ a. 1.5 trillion b. 1 trillion c. 600 billion d. 700 billion e. 1.3 trillion

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?