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3 years ago

What does it mean to capitalize interest

1 answer:

6 0

Capitalized interest refers to interest that is added to some kind of debt and that is included in current balance accounts, as opposed to waiting to figure in the cost of interest.

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Ede4ka [16]

Where are the sentences

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3 years ago

Key performance indicators are the metrics a company uses to evaluate progress toward critical success factors. Which of the bel

Lemur [1.5K]

Answer:

Answer is C

Explanation:

Key performance indicators are sets of quantifiable measures used to evaluate how effectively an organization is achieving its key organizational objectives.

The keyword here is "quantifiable".

Therefore, recording the percentage of help desk calls answered in the first minute helps to know just how effective the company is probably helping its customers have great experience or easy usage of its products or services by the number of customers calls answered to, or how effective the customer service is.

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3 years ago

Question Content Area The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system wo

Tanya [424]

The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be (D)

Jan. 1 Inventory 1,500

Cash 1,500

<h3>What are journal entries?</h3>

A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
An accounting journal, which shows a company's debit and credit balances, records transactions.
The journal entry can be made up of multiple records, each of which is either a debit or a credit.
Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.

Inventory purchase journal entry:

Say you purchase $1,000 worth of inventory on credit.
Debit your Inventory account $1,000 to increase it.
Then, credit your Accounts Payable account to show that you owe $1,000.
Because your Cash account is also an asset, the credit decreases the account.

Therefore, the journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be (D)

Jan. 1 Inventory 1,500

Cash 1,500

Know more about journal entries here:

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The question you are looking for is here:

The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be

(A) Jan. 1 cash 1,500

Account receivables 1,500

(B) Jan. 1 Purchases 1,500

Account payable 1,500

Office Supplies 1,500

(D) Jan. 1 Inventory 1,500

Cash 1,500

3 0

2 years ago

While calculating the costs of products and services, a standard costing system ________. does not keep track of overhead cost t

zepelin [54]

Answer:

uses standard costs to determine the cost of products

Explanation:

In the case when we determined the cost of the product and its services so here the standard costing system would be used to measure the cost of product as this is the costing system that are based upon the estimated or predicted values and are significant for generating a product

4 0

3 years ago

DeWitt Industries has adopted the following production budget for the first 4 months of 2017. Month Units Month Units January 10

brilliants [131]

Answer:

DeWitt Industries

Materials Purchase Budget for the first quarter:

January February March

Ending inventory 1,648 1,038 824

Production

requirements 31,320 24,720 15,570

Beginning inventory 9,500 1,648 1,038

Purchases (pounds) 21,820 23,072 14,532

Explanation:

a) Data and Calculations:

Production Budget

Month Units

January 10,440

February 8,240

March 5,190

April 4,120

January February March April

Production Units 10,440 8,240 5,190 4,120

Production

requirements 31,320 24,720 15,570 12,360

Materials Purchase Budget

January February March April

Ending inventory 1,648 1,038 824

Production

requirements 31,320 24,720 15,570 12,360

Beginning inventory 9,500 1,648 1,038 824

Purchases (pounds) 21,820 23,072 14,532 11,536

4 0

3 years ago