Answer:
Dec. 31
Debit Warranty Expense 14,800
Credit Warranty Payable 14,800
Explanation:
Calculation to Determine the estimated warranty expense for the year
Based on the information given we were told that Florida Keys sales has the amount of $1,450,000 with 3% sales warranty obligation, and Florida keys as well had debit Warranty Expense of the amount of $28,700 this means that the Estimated warranty expense will be calculated as;
$1,450,000 * 3% =$43,500
$43,500-$28,700=$14,800
Therefore the Journal entry will be:
Dec. 31
Debit Warranty Expense 14,800
Credit Warranty Payable 14,800
Answer:
primary sector involves agricultural stuufs
hope it is helpful
The accounting entries for Rippen Corporation is recorded as follows:
December 3,
DR Accounts Receivable (Burnen Corp.) $480,000
CR Sales $480,000
DR Cost of Goods Sold $320,000
CR Inventory $320,000
December 8,
DR Sales Return $30,000
CR Accounts Receivable $30,000
DR Inventory $20,000
CR Cost of Goods Sold $20,000
December 12,
DR Cash $441,000
DR Credit Discount $9,000
CR Accounts Receivable $450,000
<h3>What is Journal Entry?</h3>
A journal entry is recorded for the transactions of a company in the relevant period, the entry that is recorded is also known as the double entry. These journal entries are then used to prepare T-Accounts, an then trial balance is made and ultimately income statement and balance sheet are made.
The transaction includes a discount of 2% as credit discount for the payment being made within 10 days.
Learn more about Journal Entries at brainly.com/question/27076717
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The standard deviation of sample equals: 11
Explanation:
Given:
variance of sample (
) = 121
no, of observations made = 441
standard deviation = ?
By using the formula:
Standard deviation (S) = 
= 
= 
= 11
Hence the standard deviation is equal to 11.
Answer:
Financialisation
Explanation:
Financialisation is about changes in the actual conduct and meaning of work .