Answer:
1. Ordinary maintenance and repairs.
a) Adding refrigerant to an air conditioning system.
b) Fixing damage due to a car accident.
e) Exterior and interior painting.
2. Assets improvements
c) Installing a new air conditioning system in an old building.
d) Paving a new parking lot.
h) New landscaping.
3. Extra ordinary repairs.
f) Overhauling an engine in a large truck.
g) Resurfacing a pool in an apartment building.
Explanation:
Assets improvements: this are improvements carried out on an assets for comfort and ease of use of such assets. Example is the installation of air conditioning unit in an old building.
Ordinary maintenance and repairs: this are maintenance and repairs carried out on machines, equipment and tools to bring them to the required working conditions or standard.
Extraordinary repairs: unlike ordinary maintenance and repairs this requires overhauling or changing of heavy components parts of a machine or equipment.
Answer: The correct answer is "B. $2,160."
Explanation: First we must calculate the total costs
Total cost = Goods in process inventory + Direct materials + Direct labor + Overhead.
Total cost = $5400 + $21600 + $16200 + $10800 = $ 54000.
Then the total transferred out =
Total transferred out = Total cost - units in the final inventory of goods in process.
Total transferred out = $54000 - $4590 = $49410.
Now we must know the beginning goods in process transferred out =
BGIP Transfered = Total transfered out - units started and completed.
BGIP Transfered = $49410 - $41850 = $7560
And finally we calculate the cost to complete the begining goods in process inventory which is =
Cost to complete BGIP = BGIP transfered out - Goods in Process Inventory Balance.
Cost to complete BGIP = $7560 - $5400 = <u>$2160</u>
An accounting transaction is a business activity or event that causes a measurable change in the accounting equation is described below.
Explanation:
- Owner's Equity Assets Liabilities Decreased Increased
- Received cash for services rendered Increase Decreased -
- Purchased office equipment on credit Increased Decreased
- Paid employees salaries. Decreased increased Received cash from customer in payment on account Decreased d
- Paid telephone bill for the month. Decreased
- Paid for office equipment purchased in transaction Decreased
- Purchased office supplies on credit. Increased and decreased Decreased Increased
- Owner withdrew cash for personal expenses Decreased Increased
- Obtained a loan from the bank Increased
- Purchased office equipment on credit ed increased Decreased
- Paid employees salaries Received cash from customer in payment on account.
- Paid for office equipment purchased in transaction 2 Decreases
- Purchased office supplies on credit. Decreased
- Owner withdrew cash for personal expenses. creased increased
- Obtained a loan from the bank Increased
- Billed customers for services rendered. Increased Increased
Answer:
branily plus will help a lot better trust me
Explanation:
