Answer:
I think that it is C I am not sure tho
Explanation:
Buy plants and give life to you self
Answer:
55,000 Credit balance
Explanation:
Mango Company
Predetermined overhead rate /Estimated overhead cost
= $600,000 / $300,000
Estimated direct labor cost = 200%
Applied overhead :
=Actual direct labor cost of $335,000 × 200%
= $670,000
Overhead incurred-Overhead applied
$615000 – $670,000
=$55,000
Therefore At year-end, the balance in the Factory Overhead account is a: credit of $55,000
Answer:
Dr unearned rent $25,019
Cr rental income $25,019
Explanation:
The cash received on June 1 20Y2 for 12 months rent would have been debited cash while the unearned rent account would have been debited with the same amount.
As of December 31, 20Y2, the rent of 7-month(June-December) have now been earned and adjusted as follows:
earned rent for 7 months=$42,890*7/12=$25,019
The earned rental income would be debited to unearned rent and credit to rental income
I would argue yes, you don’t want to borrow a loan because then they still charging fees if you don’t pay monthly. Taking a year of to earn money for school and not having to loan money is a great idea.
