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dalvyx [7]
3 years ago
14

How does buying a plant asset affect general ledger accounts

Business
1 answer:
Tanzania [10]3 years ago
7 0

Answer:

A plant asset will add to assets and subtract from liabilities.

Explanation:

The general ledger holds all of the information needed to prepare financial statements and includes assets, liabilities, equity, revenue and expenses.

I hope I understood the question and that this helps.

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Next year, the price of a stock is expected to be $2,200 and the stock will pay a $55 dividend. The interest rate is 10%. Based
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Stock Price = $103.77 <----ANSWER(2)

Explanation:

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Government can be used to solve externality problems that are too costly for private parties to solve.
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4 years ago
The following data relate to factory overhead cost for the production of 6,000 computers: Actual: Variable factory overhead $142
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Answer:

1. $4,400 Favorable

2. $14,000 Unfavorable

3. $9,600 Unfavorable

Explanation:

The computation of given question is shown below:-

1. Variable factory overhead Controllable Variance

= $142,600 - 6,000 × 24.5

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= -$4,400

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Where, 24.5 = standard rate - fixed overhead rate

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3. Total factory overhead cost variance

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= $177,600 - $168,000

= $9,600 Unfavorable

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