Business, 07.03.2020 05:42 Jaylen52709
Fortress Company paid $1200 on October 1, 2009 for one year of virus protection. The following journal entry was made:
10/1/09 Prepaid Software Service 1,200
Cash 1,200
The December 31, 2009 adjusting entry is
A.
debit Prepaid Software Service and credit Software Service Expense. $900
B.
debit Software Service Expense and credit Prepaid Software Service, $300.
C.
debit Software Service Expense and credit Prepaid Software Service, $900.
D.
debit Prepaid Software Service and credit Software Service Expense, $300.
rchased equipment on credit. Which of the following describes the effect of the transaction on the elements of the accounting equation.
A.
it decreases total assets but not stockholders’ equity
B.
it decreases total assets and stockholders’ equity
C.
it increases total assets and stockholders’ equity
D.
it increases total assets but not stockholders’ equity
Answers: 2
Business, 21.06.2019 21:30
Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?
Answers: 1
Business, 22.06.2019 02:30
Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.
Answers: 2
Business, 22.06.2019 22:10
Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates
Answers: 1
Business, 22.06.2019 23:00
Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution.a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent
Answers: 3
Fortress Company paid $1200 on October 1, 2009 for one year of virus protection. The following journ...
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