Answer:
debit Factory Overhead and credit Utilities Payable
Explanation:
The journal entry to record the accrual of factory utilities is to: Debit Expense Account - Factory Overhead and Credit Liability Account -Utilities Payable.
Answer: Allocating indirect expenses to the department.
Explanation:
Indirect Expenses are those expenses that the entire business incurred and not just that particular department or segment. This means that it cannot be directly attributed to any one instrument of expense such as products or services.
This is why when it comes to allocating indirect costs which has to be done to maintin proper records, apportioning those costs to each department is challenging because the amount of cost due is not plain or direct.
Answer:
Jose is a twenty-two year old who just finished college. He lives alone in a small apartment that he rents. Jose has saved up nearly all his earnings from various part-time jobs in order to start his photography business. Given his current situation, Jose most likely has:________.
Explanation:
The answer for that would be B. High risk tolerance
