In the event that Dallas Company bills a client, the account that will increase along with accounts receivable is a<u> Revenue increase </u><u>of </u><u>$10,000. </u>
<h3>Accounts affected </h3>
- Accounts receivable will increase because the client will owe Dallas Company.
- Revenue will increase as well because Dallas Company is earning revenue from the consulting work.
The increase to the Revenue account will be the amount charged for consulting work which is $10,000.
In conclusion, option D is correct.
Find out more on accounting for revenue at brainly.com/question/12115903
Answer:
its "wrapping the ball in layers of duck tape" or just c
Explanation:
I might be so wrong but I think it is B
hope it was right have a awesome day :)
Answer:
amount allocated to the work-in-process ending inventory $ 30,000
Explanation:
Spoilage is treated as abnormal loss.
Completed units of Finished goods = 5000 units (100% complete)
Abnormal loss units = 4000 units (100% complete as loss detected on completion)
Closing WIP units = 1000 units (100% complete in respect to material )
Total equivalent unit for material = 10,000 units
Total cost of material = $300,000
Material cost per equivalent unit = $ 30 per equivalent unit
Material cost in Closing WIP(1000 units @30) = $ 30,000