The answer to the question is cash larceny of receivables. Cash larceny means that an individual or group has taken away an employer’s cash without the consent and against the will of the employers.
In other words, the employee has stolen money from the employer though the transaction is recorded in the books. In the case that Danielle is handling, it seems that the receivables have been taken by the employee.
Answer:
i am sorry i do not know how to solve this question
Explanation:
Honestly all of these things should be considered. If you have a edible product, consider how long you have until your product expires.
You need enough to meet your sales demands, so run some numbers on how much you need to meet these demands.
You need to have good communication with your employees, employers, and investors. If you don’t, things can go terribly wrong! Make sure you don’t make this rookie mistake! Set up something so you have good communication with the people you work with.
Good luck!!!
Answer:
1. Cash Disbursements for manufacturing overhead = Variable + Fixed - Depreciation
Variable = $1.40 X 8,300 = $11,620
Fixed = $92,130
Depreciation = $19,820
Cash Disbursement = $11,620 + $92,130 - $19,820 = $83,930
2. Predetermined Overhead Rate for July will be inclusive of depreciation as that is part of factory cost and will form part of product cost.
Total factory cost = $11,620 + $92,130 = $103,750
Total hours = 8,300
Overhead Rate = $103,750/8,300 = $12.5
Answer:
A. True
Explanation:
Balance sheet: The assets, liabilities, and equity of stockholders are recorded in the balance sheet. The accounting equation which is shown below is used
In this:
Total assets = Total liabilities + Stockholder equity
The balance sheet debit and credit side should be fair, equal and balanced.
In addition, it is always prepared on the date specified.