Answer:
Sale of plant assets. If the company<u> sales an equipment it will receive cash </u>for it. We are not given with any information of this transaction not being in cash, so we should assume it was a sale in cash or cash equivalent.
Explanation:
<u>Conversion of bonds into common stock.</u> The bonds, which are outstanding and represent a promise to pay, are converted into common stock, this transaction doesn't involve cash.
<u>Issuance of common stock to purchase land. </u>The land is acquire in exchange of common stock, the company is not using cash. the owner of the land can later sold the stock to a third party but it won't affect the cash flow of the company.
<u>Issuance of debt to purchase equipment </u>Like singing a note to purchase a machine, no cash is involve.
Answer:
Explanation:
The journal entry is shown below:
Allowance for Doubtful Accounts A/c Dr $10,200
To Account receivable A/c - Oakley Co $2,600
To Account receivable A/c - Brookes Co $7,600
(Being the written off amount is recorded)
Simply we debited the allowance for the doubtful account and credited the account receivable account
Answer:
The answer is A.
Explanation:
It is the point where the demand and supply curve intersect
Utilizing a variety of learning media, from text and picture to video and audio, is another technique to aid in the transfer of learning to new situations. According to research, using text, visuals, and narrative might enhance learning transfer and keep your cognitive resources from getting overworked.
<h3>Definition of transfer:</h3>
Transfer is defined as moving or shifting from one person, location, or circumstance to another to cause anything to be passed from one to another convey modify, alter.
<h3>What is purpose of transfer?</h3>
Employees may be transferred to jobs where they will likely be more effective or experience higher levels of job satisfaction. No changes are made to the role, title, status, or pay during transfers. It is a process of the employee adjusting to the job, the time, and the location.
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Answer:
$984,000
Explanation:
The computation of the budgeted total manufacturing cost is shown below:
Budgeted total manufacturing costs in March = Fixed cost + Variable cost
= $24,000 + ($16 × 60,000)
= $24,000 + $960,000
= $984,000
We simply added the fixed cost and the variable cost in order to find out the budgeted total manufacturing cost