<span>Clarion should expect to recognize interest revenue on their CD both on December 31st 2015 and May 1st 2016. They will receive it in December thanks to end of your returns and then it will pay out its full amount 6 months from the purchase date which is on May 1st of 2016.</span>
If a company complies with government regulations, it incurs implementation costs. When a company decides to agree and follow new regulations, it will have to implement them into their organization. By implementing them, they are making changes within their organizations processes and therefor having costs associated with the changes.
Answer:
Poultry is generally considered to be a healthy meat, and has several nutrients. These nutrients and their amounts vary depending on the meat cut of the poultry, for example, chicken breasts have a lot more protein and less fat than chicken wings.
Overall, poultry is characterized by significant amounts of protein, of minerals like zinc, iron and copper, and of vitamins like vitamin B6 and thiamin.
Explanation:
The journal entry is shown below:
Cost of goods sold Dr $1,400
To Merchandise inventory $1,400
(Being the inventory shrinkage is recorded)
It is computed below:
= $43,000 - $41,600
= $1,400
For recording this given journal entry, we debited the cost of goods sold and credited the merchandise inventory.
Answer:
Product 2005WSC should be reported at $127
Explanation:
Using the lower-of-cost-or-market, Carla Vista Company reports its Inventory at the <em>lower of</em> cost and net realizable value at the end of its financial period.
Cost per unit of 2005WSC is $ 127 (given)
<u>Net realizable value </u><u>per unit of 2005WSC is :</u>
Selling Price ( $127 × 1.40) $177.80
Less Estimated Cost to Sell ($6.00)
Net realizable value $ 171.80
<u>Conclusion :</u>
Therefore, the lower is Cost at $127
Thus product 2005WSC is measured at $127
