Answer:
c. Work in Process--Department 2 375,000 Work in Process--Department 1 375,000
Explanation:
The journal entry is shown below:
Work in Process - Department 2 $375,000 ($100,000 + $125,000 + $150,000)
To Work in Proces - Department 1 $375,000
(Being the flow of cost from Dept 1 to Dept 2 is recorded)
Here the work in process for dept 2 is debited as it increased the assets and credited the work in process for dept 2 as it decreased the assets
I believe the answer is: one
The name of the government agency is Financial Service authority (FSA).
FSA would act as a <span>a quasi-judicial body that had the power to regulate the whole financial sector in united kingdom. Even though they are a part of government agencies, they do not work directly under any government official.</span>
Briar Co. disposed of a $6,000 piece of equipment on December 31 with $4,500 in accrued depreciation as of that date. Then $1,500 will be debited from the Loss on Equipment Disposal account.
<h3>What is loss on Equipment Disposal account?</h3>
Gain/Loss on Asset Disposal is a common account name of the Equipment Disposal account.
The net difference between the initial asset cost and any cumulative depreciation (if any) is debited to the disposal account, while the balances in the fixed asset account and the accumulated depreciation are reversed.
On December 31, the debited amount is calculated as:
Therefore, $1,500 will be the amount of loss on disposal of the Equipment.
Learn more about the depreciation, refer to:
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In the B2B buying process, this action of FlexFit Athletic Company to source its fabric blends from a different company because of the price increase from their existing supplier is an example of <u>Need recognition</u>.
<h3>What is need recognition?</h3>
Need recognition is the perception of a gap between current circumstances and desired situations.
Need recognition is always triggered by either internal or external stimuli.
For instance, the price increase by the existing supplier is an external stimulus that triggered FlexFit to recognize its need to have more than one supplier of its fabric blends.
Thus, this action of FlexFit Athletic Company to source its fabric blends from a different company because of the price increase from their existing supplier is an example of <u>Need recognition</u>.
Learn more about need recognition at brainly.com/question/19566991
