Answer:
When they aren't selling enough shoes or they have too many shoes
Explanation:
THE NAVIGATION ACTS requires American colonies to supply England with raw ........... Navigation Acts are a series of laws passed by the British parliament which imposed restrictions on colonial trade. The Acts were meant to promote the sufficiency of the British empire by restricting colonial trade to England. The Acts aroused the anger of the American colonists.
Answer:
2. reduced record-keeping
Explanation:
The decentralization is the chain of the processes in which the proper process of all department is followed
Just like from top-level to middle level and then lower level
And, the inverse is lower level to middle level to top level.
The authority and responsibility are delegated to each level of management so that the day to day operations could be performed in a smooth, effective and efficient manner
For the complex companies who adopt decentralization, they have all the benefits like delegation, problem identification but do not reduce record keeping as it is not an easy task for every company
Hence, option 2 is correct
Answer:
d. $704,000
Explanation:
The computation of the cash payment for merchandise is shown below:
= Opening balance of accounts payable + purchase made - closing balance of accounts payable
where,
Purchase = Cost of goods sold + closing balance of inventory - opening balance of inventory
= $720,000 + $188,000 - $200,000
= $708,000
The other items values would remain the same
Now put these values to the above formula
So, the value would equal to
= $80,000 + $708,000 - $84,000
= $704,000
Answer and Explanation:
The adjusting entry is as follows:
Supplies expense ($1,823 + $4,344 - $286) $5,881
To supplies payable $5,881
(being the supplies expense is recorded)
Here the supplies expense is debited as it increased the expense and supply payable is credited as it also increased the liabilities