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PtichkaEL [24]
4 years ago
10

Which of the accounts are decreased on the debit side and increased on the credit side?

Business
1 answer:
Allushta [10]4 years ago
7 0

Answer: D. Liabilities, stockholders' equity, and revenues.

Explanation: In case of liabilities and equity increase by credit because they are the funds with which the company has to finance the assets according to the balance sheet. Example: Accounts payable suppliers, share capital of shareholders.

Revenues correspond to the income statement and also increase in credit. Example: Revenue from sales, income from commissions.

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15) You are
Bingel [31]

Answer:

Only going to dept for things you really need and have planned for

6 0
2 years ago
Delaware Corp. prepared a master budget that included $18,225 for direct materials, $28,800 for direct labor, $15,400 for variab
Brut [27]

Answer:

$19,440

Explanation:

The computation of the direct material cost is shown below:

But before that first we have to determine the per unit which is given below

= Total direct material cost ÷ planned selling units

= $18,225 ÷ 4,050 units

= $4.5

And, the actually selling units is 4,320 units

So, the direct material cost is

= Per unit cost × actually selling units

= $4.5 × 4,320 units

= $19,440

We simply multiplied the per unit with the actually selling units so that the direct material cost could come

6 0
3 years ago
Juarez builders incurred $285,000 of labor costs for construction jobs completed during the month of august, of which $212,000 w
Feliz [49]
The answer is

debit work in process inventory $212,000; credit factory wages payable $212,000.
6 0
3 years ago
Read 2 more answers
Montel needs to add a calculated field into a report that he has built that will show the total sale price of items sold
Dmitry_Shevchenko [17]
Label
Explanation:
Label control is a part of JavaFX package. Label is used to display a short text or an image. Label is also a non-editable text control (i.e. not editable). So in this case of displaying a calculated field which is non-editable since it's just displaying the total sale price of items sold in a given month, so a label control is good for the design view.
6 0
3 years ago
Public companies under the jurisdiction of the Securities and Exchange Commission are required by law to hire a certified public
Ostrovityanka [42]

Answer:

A. True

Explanation:

At the time of publishing the financial statements of the public companies under the jurisdiction of the Securities and Exchange Commission (SEC) is compulsory to hire the independent auditor or we can say Chartered Accountant (CA) so that he or she can assess the financial statement prepared by the public company whether it follows the  Generally Accepted Accounting Principles (GAAP) or not.

And, according to that the independent auditor given his or her qualified or unqualified opinion

3 0
3 years ago
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