Solution:
The record entry in accounting is the reporting of a report in an accounting document that displays the company's costs and credit balances. The amount of the payments must be equivalent to the sum of the credits otherwise the journal submission must be treated as unbalanced.
Raw material: a fundamental substance in its natural, changed or semi-managed condition, used as a contribution to the cycle of production for the eventual modification or transformation into a finished decent substance.
Pass journal entry
Particular Debit ($) Credit ($)
Raw material inventory (WN1) 210,000
Cash 210,000
Work in process 186,000
Raw material inventory 186,000
Factory overhead 15,000
Raw material inventory 15,000
Answer:
Nippon Technology
Value of Cash between January 1 and March 31, 2018:
= $1,737,000
Explanation:
a) Calculations:
Beginning Cash Balance $37,000
Net Income 2,400,000
Increase in other assets ($300,000)
Decrease in Liabilities ($200,000)
Dividends paid ($200,000)
Ending Cash balance $1,737,000
b) Nippon Technology's cash balance at the end of March 31, 2018 is the net effect of cash transactions that took place between January 1, 2018 and March 31, 2018. It shows what Nippon Technology received in the form of cash receipts from customers and what it spent in operational, investing, and financing activities during the period of 3 months.
Answer:E) the Position Analysis Questionnaire.
Explanation:The Position Analysis Questionnaire is a structured job analysis questionnaire that aids the user in conducting a quantified analysis of a given job. To complete a job analysis using the Position Analysis Questionnaire, the user reviews background information, observes the job, and conducts thorough interviews with job incumbents to determine job content then rates the extent to which each item on a standard list of Position Analysis Questionnaire job elements applies to that particular job. There are six types of rating scales used in the Position Analysis Questionnaire: Extent of Use; Importance to This Job; Amount of Time; Possibility of Occurrence; Applicability; and Item-Specific scales.
Answer:
The annual benefits will be$8,581.05
Explanation:
The applicable formula is the present value of an ordinary annuity,which is given as;
PV=A*(1-(1+r)^-N)/r
PV is the amount that would be in the plan at retirement which is $100,000
A is the annual benefits which is unknown
n is the number of years the investment would take which is 25 years
r is the rate of return on investment which is 7%
A=PV/(1-(1+r)^-N)/r
A=100000/(1-(1+7%)^-25/7%
A=100000/1-(1.07)^-25/0.07
A=100000/(1-0.184249178
)/0.07
A=100000/11.65358317
A=$8581.05
Answer:
The GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.
Explanation:
This can be calculate using the following formula:
Real GDP in year five = Nominal GDP in year five / (GDP price deflator in year five / GDP price deflator in year-one) ................... (1)
Where;
Real GDP in year five = Amount of GDP in year five, stated in terms of year-one dollars = ?
Nominal GDP in year five = $15 trillion
GDP price deflator in year five = 125
GDP price deflator in year-one = 100
Substituting the into equation (1), we have:
Real GDP in year five = $15 / (125 / 100) = $15 / 1.25 = $12 trillion
Therefore, the GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.
