Answer:
w-2, Form 1040, and possibly Schedule (1... etc. )
Explanation:
Answer:
The Journal entries are as follows:
(i) Manufacturing Overheads Account Dr. $900
To Accumulated Depreciation $300
To Cash account $100
To Utilities payable $500
(To record the expenses incurred)
(ii) Work in process inventory A/c ($1.50 × 450) Dr. $675
To Manufacturing Overhead $675
(To record the allocation of overhead at the predetermined rate of $1.50 per machine hour)
Answer:
See below
Explanation:
2020 2021
Allocation to preferred stock
Nil 44,600
Remainder to common stock
Nil 20,000
Answer:
The correct answer is: False positive.
Explanation:
In statistics, a False positive outcome refers to the scenario when ac action is carried out expecting a negative result but eventually the action works. The term is widely used in medicine in cases, for instance, when women have positive results on pregnancy tests but they are not expecting a baby.
Answer:
Total stockholders' equity $ 594,435
Explanation:
Goodale Properties Inc.
Stockholders' Equity
June 30
Common stock at $15 par $219,000
Paid in capital in excess of par-Common stock $17,520
Paid in capital from sale of treasury stock$9,500
Total paid in capital $246,020
Add: Retained earnings $362,000
Total $608,020
Less: Treasury stock $ 13,585
Total stockholders' equity $ 594,435
