Answer:
1. Yes; Journal entry
2. Debit- Printing & Stationery Expense $160 (value for 8 boxes)
Credit- Cost of goods sold or Trading account A/c $160
3. Leaves to the cost of goods sold account
Explanation to:
1. Mackalaya used inventory. Remember, inventory is a term used to refer to all the merchandise (goods or products) a company has at the moment in stock.
2. The Journal entry to be made would be
Debit- Printing & Stationery Expense $160 and Credit this value to Cost of goods sold or Trading account A/c section of the Journal entry.
3. Remember, the cost of goods sold cares for all inventory sales, therefore it would be credited with value of the inventory item sold by the company.
Answer:
The correct answer is C. the output level where marginal cost is equal to marginal benefit .
Explanation:
Competitive equilibrium Traditional concept of economic equilibrium used for the analysis of goods markets with flexible prices and many agents, which usually serve as a benchmark for efficiency in economic analysis. Crucially, it depends on the assumption of a context in which each agent makes decisions about such a small amount compared to the total amount traded in the market that their individual transactions have no influence on prices.
It consists of a price system and an allocation of the production and consumption of the economy among the various agents, such that, given the prices, each agent maximizing its objective function (benefits, preferences) subject to restrictions (technological, of resources) plans to trade its share in the proposed allocation, at prices that make all exchanges compatible with each other by balancing the markets, that is, matching the aggregate supply with the demand aggregate of each of the goods and services traded.
Answer:
✓ Do not panic
✓ ask your employer for a honest feedback
✓Initiate a conversation in a neutral setting with your boss
✓Don't trust everything your boss says
✓Do your best work possible
✓Step up your game
✓Keep your boss and others in the loop
An employee's salary and contributions for the prior tax year are listed on a W-3 form, also known as the Transmittal of Wage and Tax Statements form. The Social Security Administration (SSA) receives this paperwork for proper filing.
Most employers are required by the IRS to submit Forms W-2 and W-3 at the start of each year for the prior year. A list of all the W-2 forms you are sending to the federal government is contained in Form W-3 (Transmittal of Wage and Tax Statements). Form W-3 specifies the number of W-2 forms being delivered and describes the total wages, Social Security wages, federal income tax withheld, and FICA tax withheld from employees during the year.
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