Answer:
C. Debit Buildings; Credit Notes Payable.
Explanation:
The journal entry to record the given transaction is shown below:
Building A/c Dr XXXXX
To Notes Payable A/c XXXXX
(Being the building is purchased)
Since the building is purchased which increases the value of the asset so the building account is debited and the payment is done by borrowing amount from the bank i.e note payable so this account would be credited
Answer: 4 containers
Explanation:
The formula used to get the number of containers that are needed will be:
N = DT(1+X)/C
where,
N = total containers
D = planned usage rate used by the work center = 111 parts per hour
T = average waiting time = 100 minutes = 100/60 hours = 1.67 hours
X = inefficiency factor = 0.21
C = capacity of standard container = 5 dozens = 5 × 12 = 60 parts
N = DT(1+X)/C
N = (111 × 1.67)(1 + 0.21)/60
N = (185.37 × 1.21)/60
N = 224.2977/60
N = 3.738
N = 4 approximately
4 containers will be needed
Answer: There is not, since a company adapts a style taking into account certain characteristics.
Explanation: Each company is different and because it is different, it adopts a culture that corresponds to its mission and vision. To say that there is a management style that can be the best would be to pigeonhole all companies and each one is different.
Management styles are adopted according to the culture of the company, which is created by it. Each style looks for something different and diversity is that there is the option to choose according to the needs and tastes of people.
Answer:
By finding a factor that all have in common: that they are currently in the company and know how it works.
Explanation:
The manual that employees will have aboutthe new accounting system has to be the easiest to ready as possible. As the text mentions, in the company I have experienced accountants and others that are not and employees from different degree levels. Some might understand certain infromation and some might not.
However, what they all have in common is that they are all working in the company and know the current accounting system, because is something that concerns them, even though they have years working them, are new or are not going to last longer.
The best I can do is take advantage of that fact and show them the differences between the old accounting system with the new ones, by that way they will be able to land the information and understand it correctly.
Answer:
They are not fixed, because they can change depending on the living situation.