Answer:
Dr work-in process $ 25,430.00
Cr wages payable $ 25,430.00
Explanation:
The total labor cost on jobs is the total hours spent on each job multiplied by direct labor cost per hour as shown thus:
Job 200=570*$20=$11,400.00
Job 305=610*$23=$14,030.00
Total direct labor cost on both jobs=$11,400.00 +$14,030.00 =$ 25,430.00
The journal entries in respect of labor cost of $25,430.00 is to debit work-in process and again a credit goes to wages payable
The appropriate response is trye. When all is said in done, the part of the government was impacted by the idea of "laissez-faire," a teaching contradicting government obstruction in the economy with the exception of that essential for the upkeep of peace. This state of mind begun to change amid the last piece of the nineteenth century, when private venture, homestead, and work developments started requesting that the administration intervenes for their benefit.
Answer:
Letter a is correct.<u><em> Prospecting.</em></u>
Explanation:
Customer prospecting is based on a structured process of searching for potential customers to consume new products or services.
This strategy is essential for any company that wants to expand in the market and achieve good profitability. It is important for professionals to implement customer prospecting techniques that are suited to the organizational purpose, each means for customer prospecting must be used in a way that communication is effective for the business, the company can use the digital medium to prospect clients, referrals. , its own client portfolio and various other media.
Answer:
It is loss on the sales of land (A)
Explanation:
Option (A) True -The non-cash losses must be added back while the gains must be subtracted because cash flow only recognizes relevant cash transactions that either increases or decreases the cash position.
Option (B) False-This will subtracted because it represents cash outflow from the company.
Option (C) False. This will be subtracted because it represents cash outflow resulting from payment made to suppliers
Option (D) False. This will be subtracted because it represents cash outflow resulting from liability settlement.
Answer:
$3900
Explanation:
Calculation to determine the ending balance of the allowance account after the year-end adjustment
Balance in allowance for uncollectible account$ 900
Add Bad debts during the period $3,000
($75,000*4%)
Ending Balance in allowance for uncollectible account$ 3,900
($900+$3,000)
Therefore the ending balance of the allowance account after the year-end adjustment is $3900