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2 years ago

If your identity is stolen, you should file a police report. True False

Business

2 answers:

masha68 [24]2 years ago

7 0

Answer:

true like why wouldnt you do that

Explanation:

Viefleur [7K]2 years ago

5 0

Answer:

True

Explanation:

having sombody's identity is a very powerful tool

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Match the following activities to their effect on the general ledger accounts. Drag and drop application.

JulijaS [17]

Answer:

1. Allocate overhead costs to jobs: Credit Factory Overhead.

2. Pay factory utilities: Debit Factory Overhead.

3. Purchase indirect material: Debit Raw Materials Inventory.

4. Use indirect materials: Credit Raw Materials Inventory.

5. Direct labor used: Debit Work in Process Inventory.

Explanation:

1. When you allocate overhead costs to jobs: Credit factory overhead. Factory overhead can be defined as cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

2. When you pay factory utilities: Debit factory overhead. Factory overhead can be defined as cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

3. When you purchase indirect material: Debit raw materials inventory. The raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.

4. When you use indirect materials: Credit raw materials inventory. Raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.

5. For direct labor used: Debit work in process inventory.

4 0

3 years ago

On January 1, 2021, Morris Enterprises issued 9%, 5-year bonds with a face amount of $900,000 at par. Interest is payable annual

stepladder [879]

Dec 31

Dr Interest expense $72,000

Cr Interest Payable $72,000

($900,000*9%)

(Being to record the first year interest expense accrued)

<h3>What is Interest Payable? </h3>

Interest Payable is a liability account, shown on a company's balance sheet, which represents the amount of interest expense that has accrued to date but has not been paid as of the date on the balance sheet.

In short, it represents the amount of interest currently owed to lenders.

<h3>Is interest payable an asset?</h3>

Interest payable is a liability, and is usually found within the current liabilities section of the balance sheet.

Learn more about interest payable here:

<h3>brainly.com/question/14608867</h3><h3 /><h3>#SPJ4</h3>

4 0

2 years ago

In today's organization, many employers appear to prefer to work for a supervisor with a ________ leadership style.

vova2212 [387]

<span>A supervisor in today's work environment needs to be flexible and adaptable. Employees today expect a lot more opportunities to do things such as work from home. Also in today's more technological world, demands on the supervisor and employer change frequently. Because of all of this, employers and employees prefer a people-centered leadership style.</span>

3 0

4 years ago

The following cost behavior patterns describe anticipated manufacturing costs for 2013: raw material, $8.20/unit; direct labor,

Irina18 [472]

Answer:

Note: The missing part of the question is <em>"using variable costing and absorption costing. Explain the difference"</em>

<em />

Solution

According to variable costing, the unit cost based was

= $8.20 + $11.20 + $9.20

= $28.6

According to absorption costing,

Total Manufacturing costs= Direct material + Direct labor + Overhead

= $8.20 + $11.20 + ($386,400/42,000 units) + $9.20

= $8.20 + $11.20 + $9.2 + $9.2

= $37.8

The difference between the variable costing and the absorption cost is because the product costing using variable costing method only includes variable costs.

8 0

3 years ago

On July 23 of the current year, Dakota Mining Co. pays $7,147,920 for land estimated to contain 9,048,000 tons of recoverable or

Korolek [52]

Answer:

ore deposits 7,147,920 debit

cash 7,147,920 credit

--to record purchase of land with ore deposit--

machinery 1,900,080 debit

account payable 1,900,080 credit

Account payable 1,900,080 debit

Cash 1,900,080 credit

--to record machine installation and payment of it 2 days later--

depletion expense 368,535

depreciation expense 97,965

ore deposit 368,535‬

equipment accumulated depreciation 97.965‬

Explanation:

the first entries are quite self-explanatory

<u>Now, to calculate the depreication and depletion:</u>

The machine will be depreciate at the same phase as the ore deposit As the asset is relate to it and will have no value after the miniming project ends.

depreciation for the year:

466,500 / 9,048,000 x 7,147,920 = 368.535‬ ore deposit amortization

466,500 / 9,048,000 x 1,900,080 = 97.965‬ equipment depreciation

3 0

3 years ago