The only answer here that would appear in the stockholders' equity section is retained earnings. Having a net loss in the income statement would mean there is less earnings to retain.
Answer:
$219,000
Explanation:
For computation of cost of goods manufactured for May first we need to find out the total manufacturing cost is shown below:-
Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead cost applied to Work in Process
= $60,000 + $90,000 + $64,000
= $214,000
cost of goods manufactured for May = Total manufacturing cost + Beginning work in progress - Ending work in progress
= $214,000 + $20,000 - $15,000
= $234,000 - $15,000
= $219,000
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
A. Included in purchases.
Explanation:
The adjustment of the purchase discount lost under the gross method is included in the purchase amount. If the payment is made within the discount period, then the discount is applicable otherwise not, if the payment is not made within the discount period.
The journal entry is shown below:
Purchase A/c Dr XXXXX
To Account payable A/c XXXXX
(Being the goods are purchased on credit)
Answer:
1) 2,475
down payment+security deposit+acquisition fee= total cost
sorry if I miss something
