Answer:
$35,000
Explanation:
Units started and completed means that out of the units completed and transferred, how many were started during the period. This figure is calculated in physical terms only. So there is no need to express any units in their equivalents.
So, this gives us an idea of how to calculate this :
Units started and completed = Units Completed and Transferred - Units in Beginning Work in Process
therefore,
Units started and completed = 40,000 units - 5,000 units = $35,000
D -it's trying to get you to call so it's a call to action
Answer:
$8,200
Explanation:
Missing word <em>"What is the ending normal balance of the Allowance account at year-end?"</em>
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Particulars Amount
Opening balance $1,800
Add: Monthly provision $12,000 (2%*$600,000)
Less: Bad debt <u>$5,600</u>
Ending balance of allowance <u>$8,200</u>
One of the four guiding principles of is to recognize the bigger goal of marketing. It looks at moral standards and guidelines in a business setting.
Making a living or earning money through the production, acquisition, and sale of items is referred to as business (such as goods and services). Furthermore, it refers to "any activity or enterprise undertaken for profit."
The owner of the business is responsible and liable for any debts incurred by the business since despite having a business name, they are one and the same. If the company accrues debts, the creditors may seize the owner's personal property. Corporate tax rates cannot be applied to a firm structure. All profits earned by the business are subject to personal taxation by the owner.
To know more about business
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Answer:
The amount of interest expenses can be deducted on Jordan's Schedule C is $348.54
Explanation:
Allowed expense = $942*37%
= $348.54
Therefore, The amount of interest expenses can be deducted on Jordan's Schedule C is $348.54