Green Landscaping is completing work for a contract client that is billed when work is completed. At the year-end, Green had completed $250 of landscaping services that were unbilled and unrecorded. The entry to record this adjustment will include which of the following entries: (Check all that apply). Multiple select question. a debit to unearned service fees a credit to unearned service fees a debit to service fees earned a credit to accounts receivable a credit to service fees earned a debit to accounts receivable
Answers: 2
Business, 22.06.2019 20:00
If a government accumulates chronic budget deficits over time, what's one possible result? a. a collective action problem b. a debt crisis c. regulatory capture d. an unfunded liability
Answers: 2
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
Business, 23.06.2019 01:20
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)
Answers: 3
Green Landscaping is completing work for a contract client that is billed when work is completed. At...
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