Answer:
The entry to record accrued benefits would be a Debit to Employee Benefits Expense of $21,560
Explanation:
In order to calculate The entry to record the accrued benefits for the month we would have to calculate the following formula:
Accrued Benefits= Health Insurance Cost+ (Gross Salary × Percentage Contributable)
Accrued Benefits=$15,400+($154,000×4%)
Accrued Benefits=$15,400+$6,160
Accrued Benefits=$21,560
The entry to record accrued benefits would be a Debit to Employee Benefits Expense of $21,560
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Company HD has a higher return on equity (ROE) than Company LD, and its risk as measured by the standard deviation of ROE is also higher than LD's.
Explanation:
Answer:
the correct answer is 2 page layouts, 1 record type, 2 profiles
Explanation:
The importance of records types is they allow you to offer different business processes, business solutions and answers to different consumers and customers.
Having the option to Customize is useful during the sales processes as each new user/customer has a different set of needs and wants.
Answer:
$210 000
Explanation:
Take liabilities + Captial account of Manning +Captial Account of Adamo
80000 + 240000 + 150000 = 470000
Amount received by Manning as a final distribution from liquidation of the partnership.
470000-410000=60000
60000 x 0.5 = 30000
240000-30000= 210000
