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3 years ago

When you make sure you are using up-to-date information, you are using _____ information.

Business

2 answers:

Anna71 [15]3 years ago

7 0

When you make sure you are using up-to-date information, you are using ___ information.

a. accurate

b. entertaining

c. current

d. reliable

Answer:

Your answer is current (or c).

Ghella [55]3 years ago

5 0

When you make sure you are using up-to-date information, you are using current information.

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Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevan

Zolol [24]

Answer:

Dr Construction 800000

Dr Cost of construction 1200000

Cr Revenue form long-term contracts 2,000,000

Explanation:

Based on the information given What would be the journal entry made in 2020 to record revenue is :

Dr Construction $800,000

Dr Cost of construction $1,200,000

Cr Revenue form long-term contracts $2,000,000

($800,000+$1,200,000)

(Being to record revenue)

4 0

3 years ago

At the beginning of October, Cozier Corporation had $34,000 of raw materials on hand. During the month, the company purchased an

Hitman42 [59]

Answer:

$92,000

Explanation:

As we know that the raw material inventory debited by the starting balance amount, purchase amount but it would be credited by the material used or transferred amount to the WIP inventory

As we can see that the $92,000 is requisitioned i.e. transferred to the WIP inventory so the same is to be reflected in the credit amount

Hence, the credit to the raw material account is made for $92,000

We assume that requisitioned word is used instead of removal

6 0

3 years ago

Last year Country A had a population of 16 million, nominal GDP of 480,000 million, and a GDP deflator of 120. Country B had a p

stellarik [79]

The answer & explanation for this question is given in the attachment below.

8 0

4 years ago

According to Michael Porter, what are three effective competitive positioning strategies? a. focus, differentiation, and middle-

Norma-Jean [14]

Answer: D) overall cost leadership, differentiation, and focus

Explanation:

3 0

4 years ago

Pepper Enterprises owns 95 percent of Salt Corporation. On January 1, 20X1, Salt issued $220,000 of five-year bonds at 115. Annu

Viktor [21]

Solution :

a).

Par value of the bonds outstanding 220,000

Annual interest rate x 10%

Interest payment 220,000

Amortization of the bonds premium 6600 $\left( \frac{220,000 \times 15\%}{5}\right)$

Interest charged for full year 15400

Less:interest on the bond purchased 2567

by Online Enterprise (15400 x 1/2) x

(4 months / 12 months)

Interest expense included in the consolidated 12833

income statement

b).

Sale price of bonds, 1 Jan 20x1 138,000

(120,000 x 115%)

Amortization of premium 9600 $\left(\frac{\$120,000 \times 15\%}{5 \ yrs} \times 2\frac{2}{3}\right)$

Book value at time of purchase 128,400

Purchase price 120,000

Gain on bond retirement 8400

c).

Events Accounts Debit Credit

1 Bonds payable 120,000

Bonds premium 6600

interest income 4367

investment in Salt bonds 120,000

Interest expense 2567

Gain on bond retirement 8400

2 interest payable 8100

(4950+11900+8750)

Interest receivable 8100

6 0

4 years ago