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astraxan [27]
1 year ago
14

A list of accounts and balances before adjustments are recorded is known as a(n)?

Business
1 answer:
djverab [1.8K]1 year ago
6 0

A list of accounts and balances before adjustments are recorded is known as a(n) Unadjusted trial balance.

What is accounts?

The entry of a transaction in a financial statement is referred to as a “accounts.” The account has been updated to reflect the debit and credit transactions. Assets, liabilities, revenue, equity, and expenses are all types of financial activity.

The unadjusted before trial balance as the adjustment of the record in the accounts. The trial balance as the entry in the double-entry account book, as the indicating the errors of the accounting.

As a result, the unadjusted trial balance, list of accounts and balances before adjustments are recorded.

Learn more about accounts, here:

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LO 6.1TyeDye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to manufacture the Party Line and
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Answer:

The correct answer is B.

Explanation:

Giving the following information:

It takes 80,900 direct labor hours to manufacture the Party Line and 93,500 direct labor hours to manufacture the Holiday Line. Overhead consists of $225,000 in the machine setup cost pool and $149,960 in the packaging cost pool.

We need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (225,000 + 149,960) / (80,900 + 93,500)= $2.15 per direct labor hour

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3 years ago
Elm City​ Market's board of directors made a decision to structure the organization much differently than a bureaucracy. What th
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Answer:

E. Detailed procedures and​ rules, a clearly outlined organizational​ hierarchy, and impersonal relationships among organization members.

Explanation:

The three primary components that Weber's bureaucracy includes that are far removed from how Elm City Market is​ run are detailed procedures and​ rules, a clearly outlined organizational​ hierarchy, and impersonal relationships among organization members.

According to Max Weber, the bureaucratic organizational form is characterized by six features:

1) Specialization and Division of Labor;

2) <u>Hierarchical</u> Authority Structures;

3) <u>Rules</u> and Regulations;

4) Technical Competence Guidelines;

5) <u>Impersonality</u> and Personal Indifference;

6) A Standard of Formal, Written ...

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How long after being granted bic eligibility does the broker have to complete the required 8-hour bic training?
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A good way to obtain the BIC Eligible on their license, a dealer must meet the subsequent necessities: preserve an active broking's license (no longer provisional status) Have two years of complete-time brokerage experience or 4 years of part-time brokerage revel in within the previous 5 years.

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8 0
2 years ago
Forey, Inc. competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered
crimeas [40]

Answer:

The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.

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Difference between accounts payable and accounts receivable
algol13
Payable=outcome
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8 0
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