<span>Debit accounts payable and credit cash</span>
Answer:
A. An increase of $4,500
Explanation:
For computing the total cost change, first we have to determine the total cost which is shown below
= Direct Materials cost + Direct Labor costs + variable overhead costs
= $21,000 + $5,500 + $19,000
= $45,500
And, the outside purchase is $50,000
So, the total cost change would be
= $50,000 - $45,500
= $4,500 increase
Answer:
Othello company understated its inventory by $20,000 at December 31 2017
This error was not corrected In 2017 or 2018
Therefore as a result of this Othello stockholder equity was understated in the year 2014, December 31 and properly stated at 2015, December 31
We use $37,500 as a basis of sales per year for the two companies for Julie. <span>. When the two companies are equated, 30,000 + 0.03*x = 25,000 + 0.05*x where x is equal to $250,000 as total sales that equates both. This means, sales below this $250,000 line has lower pay than the other. </span>
Answer:
The two ways to begin setting up a recurring transaction in quick books online are:
- Create a new transaction or
- Duplicate an existing one
Explanation:
Option One: To set up the transaction,
- Click on settings (It's an icon that looks like a gear)
- From Lists, click on “Recurring Transactions”
- Then select “New”
- Select a transaction type to be created, and press “OK”
- The next step is to name your template then,
- Choose a Type of Transaction. The options are "Scheduled", "Unscheduled" and "Reminder".
Finally, enter the necessary information and Save the Template.
Option Two:
Create templates more quickly by duplicating existing templates. This is a quicker way of setting up transactions.
- Go to Settings
- From Lists, select "Recurring Transactions".
Click on the appropriate template, then select the Action column drop-down menu and select Duplicate. All settings will be inherited by the duplicate copy except the caption.
Cheers!
