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Paraphin [41]
2 years ago
13

When raw materials are purchased on account for use in a process costing system, the corresponding journal entry that should be

recorded will include:________
Business
1 answer:
anastassius [24]2 years ago
4 0

When raw materials are purchased on account for use in a process costing system, the corresponding journal entry that should be recorded will include <u>A debit to the Work in Process Inventory</u>.

An easy journal entry is accounting access in which simply one account is debited and one is credited. using easy magazine entries is encouraged as a pleasant exercise since it's far easier to apprehend these entries.

In a nutshell: debits (dr) record all the money flowing into an account, whilst credits (cr) report all the cash flowing out of an account.

A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that indicates an organization's debit and credit balances. The journal entry can consist of several recordings, every of that is either a debit or a credit score.

Learn  more about journal entry here brainly.com/question/24696035

#SPJ4

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Cass Corporation reported pretax book income of $10,600,000. During the current year, the reserve for bad debts increased by $17
s344n2d4d5 [400]

Answer:

Tax Income Expense   10,600,000

Tax income payable                 10,302,500

deffered tax liability                       297,500

Explanation:

pretax book income                 10,600,000

reverse bad debt                            172,500

additional dep                               -227,500

book asset sale gain                       -87,000

taxable asset sale gain                    114,500

tax expemt insurance proceed    -270,000

Taxable income                         10,302,500

7 0
3 years ago
If a company determines cost of goods sold each time a sale occurs, ita. must have a computer accounting system.b. uses a combin
Whitepunk [10]

Answer:

.d. uses a perpetual inventory system.

Explanation:

The company determiantes the cost of good sold and therefore; their invneotry balance after each purchase, return, allowance, discount or freight are perform. It doesn't use in-between account like freight-in purchase discount, purchase returns and others. It determinates the inventory each time the account is used in a transactions rather than a year-end adjustment with the net purchases

3 0
3 years ago
Green marketing refers to:________
Eddi Din [679]

Answer:

C) the marketing efforts to produce,promote,and reclaim environmentally sensitive products.

Explanation:

Green marketing can be understood as a way for organizations to concentrate efforts to produce, promote and recover environmentally sensitive products.

It is correct to say that this is a positive marketing for companies to reduce their negative impacts on the environment and adopt environmentally responsible attitudes, due to the fact that today's society expects companies to be positive transforming agents of society, being more than just entities profitable, stekeholders influence companies to adopt strict environmental standards in their processes and thus gain greater reliability, positioning and increase their market value.

3 0
3 years ago
What would you include in a recommendation to the CEO for a better method for evaluating the performance of the divisions?
Svet_ta [14]

Answer:

Option D                      

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In simple words, method of performance division is considered to be effective when it depicts a true picture, not because it gives a sound position of the organisation as waned by the managers.

Thus, reticulation should not be done. Also, Divisional performance should be judged by some other aspects like time taken to perform the job or wastage done by them etc.

8 0
3 years ago
Tender Love, a company that manufactures maternity care products, holds workshops from time to time. During the workshops, train
BabaBlast [244]

Answer: Missionary marketing is indirect selling. The salesperson provides the information about the product and tries to influence the buying decision.

Explanation: This marketing strategy is used to convince a person who is new to the product or has never used the product. The  motive is to influence than direct sale. The salesperson is  known as Detailer. Here Tender Love is practicing the same marketing strategy.

3 0
3 years ago
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