The entries for the debit account titles in the "Account Title" column are written

1 answer:

8 0

The correct answer is A. about one-half inch away from the left side. This is the format followed in listing down entries of account titles for better readability. This is one way of highlighting the account title column and give emphasis on the accounts falling under the debit category.

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n computing the current period's manufacturing cost per equivalent unit, the FIFO method of process costing considers: (CPA adap

kykrilka [37]

Answer:

C. current period costs less cost of beginning work-in-process inventory

Explanation:

While calculating the current period manufacturing under FIFO method the cost of beginning work in process will be deducted as was incurred in previous period, for the current period only the current period cost will be considered.

Though the FIFO method is based on first in first out principle where opening inventory will be sold first, but the cost incurred earlier in previous period will not be considered.

Correct statement is C

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A transaction in which things of value are traded by buyers and sellers

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<span>Barter. Things of value are directly exchanged between a buyer and a seller without the involvement of money or other financial instruments. It is the simplest and oldest form of trade where a transaction is merely an exchange of one thing for another.</span>

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masya89 [10]

<span>Sales during the last four periods are in the order from older to recent as 100, 200, 130, and 300. Moving average is a successive average calculated from the successive segments. So the third month moving average MA3 = (200 + 130 + 300) / 3 = 630 / 3 = 210 So the answer is 210.</span>

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2 years ago

At December 31, 2012 and 2011, Miley Corp. had 180,000 shares of common stock and 12,000 shares of 6%, $100 par value cumulative

Nuetrik [128]

Answer:

$2.5 per share

Explanation:

Earning Per share is the amount of earning for the period that allocated to each share. Normally it is calculated using common shares. The earning used in this calculation is purely the earning that is associated with the shareholders of the company. We can have this earning after deducting all the expenses and preferred dividend as well.

Formula:

Earnings per share = Net Income / Numbers of common Shares

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