Explanation:
The adjusting entries are as follows
a. Insurance expense A/c Dr $1,200
To Prepaid insurance A/c $1,200
(Being the insurance expense is recorded)
The computation is shown below:
= $3,000 - $1,800
= $1,200
b. Account receivable Dr $1,100
To Service revenue $1,100
(Being the service performed is recorded)
c. Salaries and wages expenses Dr $800
To Salaries and wages payable $800
(Being the salaries and wages expense is recorded)
Answer: $1,600
Explanation:
The company would have to report the inventory at its current market value and not the one that it bought it at so that the cost of goods sold can accurately reflect the reduced value of the inventory.
Current market value is:
= 200 units * 8
= $1,600
Answer:
I believe it was C) First in, first out. (FIFO)
Explanation:
Hope this helps :)
Answer:
Un instructor es un profesional cuya tarea es la de, como su nombre lo indica, instruir a otras personas respecto de la realización de una actividad, arte o tarea determinada.
Así, por ejemplo, existen instructores de diversas actividades, como vuelo, buceo, entrenamiento personal, etc., los cuales enseñan a las personas a realizar su actividad, supervisando su performance y corrigiendo sus errores, para formar así personas idóneas en el arte o actividad que el instructor domina.