Answer and Explanation:
The journal entry is shown below:
On Dec 31
Pension expense $157,100
To Unfunded pension liability $157,100
(Being the quarterly pension cost is recorded)
here the pension expense is debited as it increased the expense and credited the unfunded pension liability as it also increased the liabilities
So, the above journal entry should be recorded
Answer:
Option A.$250,000, is correct answer
Explanation:
In order to determine the amount that would be debited to construction in process account for additional cost due to change from completed contract method to percentage of completion method,we need to ascertain the costs charged in years 2013 and 2014 under the old method compared the costs that should have been charged under the new method
Costs charged in 2013 and 2014=$300,000+$200,000=$500,000
Costs that should have been charged =$500,000+$250,000=$750,000
Increase in cost due change=$750,000-$500,000=$250,000
Answer:
The Net cash is 224.000
Explanation:
To get net cash flow using the indirect method we must make adjustment to the net income.
It depends on the movement if it is added or subtracted to net income
In this case,
Net income 252.000
+ Depreciation expense 26.000
- Increase in accounts receivable (15.000)
- inventory increased (40.000)
+ decreased Prepaid expenses 2.000
- accounts payable decreased (4.000)
+ loss on the sale of equipment 3.000
Net cash 224.000
Loans are sums of money that are expected to be paid back with interest or in full
Answer:
d. subjects
Explanation:
"Experimental research, often considered to be the “gold standard” in research designs, is one of the most rigorous of all research designs. In this design, one or more independent variables are manipulated by the researcher (as treatments), subjects are randomly assigned to different treatment levels (random assignment), and the results of the treatments on outcomes (dependent variables) are observed."
Reference: Pelz, Bill, and Herkimer County Community College. “Research Methods for the Social Sciences.” Lumen, 2019
