Answer:
Journal Entry
Explanation:
The Journal Entry is shown below:-
Materials Dr, $190,000
Accounts Payable 190,000
(Being Material repurchase is recorded)
Therefore for recording the material purchase we debited the materials and credited the accounts payable.
So, as per the question, the correct entry is above. The option is not available.
Answer:
B False
Explanation:
Theory Y involves a participatory approach to management and managers are more understanding and forgiving. Managers here believe that the average human being does not inherently dislike work and that employees are self directed and controlled. Hence the need to resort to coercion and threat is uncalled for.
Answer:
The ending balance of Office Supplies is $1,900
Explanation:
The ending balance of Office Supplies = the beginning balance + the purchasing amount - the supplies expense
= $4,000 + $2,500 - $4,600
=$1,900
That type of expenses or costs are called Operating expense or more commonly knwon as OPEX. This is an ongoing flow of cost for running a business or a system. In those expenses we can include rents, utilities, and management salaries. Basically stated, <span> this is the </span>money<span> the restaurant spends in order to turn </span>inventory<span> into performance</span>
The matching of the accounts to its proper balance sheet classification are : Current Assets, Current liabilities and Intangible Asset.
<h3>What is a balance sheet?</h3>
A balance sheet is a snapshot of a company's financial health. The balance sheet gives details of assets and liabilities of a company at a specific point in time.
Balance sheet are classified so that they can be easy to read and information extracted.
<h3>
Balance sheet classification are :</h3>
- Accounts payable - Current Liabilities
- Accounts receivable - Current assets
- Accumulated depreciation - Long-term current asset
- Buildings - Fixed asset
- Cash - Current Liabilities
- Goodwill - Intangible asset
- Income taxes payable - Current liabilities
- Investment in long-term bonds - Current asset
- Land - Fixed asset
- Inventory - Intangible asset
- Patent - Intangible asset
- Supplies - Current asset
Learn more here about balance sheet classification here : brainly.com/question/9452212