Answer:
Online actions are not always, but many times a fraud. The Federal trade commission (FTC) warns about them in their website because a lot of people fall for them every year. If the seller doesn't accept a credit card, you can try another online payment method like PayPal, but never send cash or any check.
Answer:
false
Explanation:
The allowance procedure estimates bad debt expense before an uncollectible account receivable has been purposed to be uncollectible.
Answer:
c. $52,670
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per desk = (High cost - low cost) ÷ (Highest production - lowest production)
= ($82,700 - $63,300) ÷ (3,500 desk - 1,240 desk)
= $19,400 ÷ 2,260 desk
= $8.58
Now the fixed cost equal to
= High cost - (High production × Variable cost per desk)
= $82,700 - (3,500 desk × $8.58)
= $82,700 - $30,030
= $52,670
Answer:
Yes.
Explanation:
The fair housing law act is a law prohibits discrimination in the process of renting , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,
Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.
Answer:
A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the final department in the series of process
Explanation:
In the case when the process related to the production is finished so the completed goods and accumulated profits could be transferred
So, the following should be the journal entry
Finished goods inventory XXXXX
To Work in Process Inventory - Final dept XXXXX
(Being the production process is completed recorded)
Here the finished goods is debited as it increased the assets and credited the work in process as it decreased the assets
