Answer:
the cost of goods sold during the year 2012 is $800,000
Explanation:
The computation of the cost of goods sold is shown below;
Costs of Goods Sold during 2012 is
= Transferred from Work in Process + Beginning Inventory - Ending Inventory
= $1,000,000 + $200,000 - $400,000
= $800,000
Hence, the cost of goods sold during the year 2012 is $800,000
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $19,340
To Allowance for doubtful debts $19,340
(Being estimated uncollectible amount is recorded)
For recording this journal entry, we debited the bad debt expense account and credited the Allowance for doubtful debts so that the amount is correctly recorded in the correct item.
Answer:
The correct answer is letter "D": annually.
Explanation:
The trial balance is a worksheet where all the balances of all the accounts are listed where the sum of all debits must equal the sum of all credits. The trial balance is an accuracy check reflecting the transactions in the general ledger were recorded correctly.
The post-closing trial balance lists the permanent account balances that the company has to transfer for the next accounting period. Both the trial balance and the post-closing trial balance are reported once a year before preparing the company's financial statements.
Answer and Explanation:
An internal diversity program support focused on the overall mission and the vision by balancing the diversity in the organization. Also it provides the opportunities for employees so that the organization could be succeeded
It creates an awareness for inclusion area and the intercultural management
By this way it supports overall mission and vision
The answer is A because one of the people checks the bicycles before shipping them off looks at there efficiency to see if they are good enough
