Accounts that keep a balance of each individual customer or supplier are called subsidiary accounts.
An accounts receivable subsidiary ledger is an accounting ledger that suggests the transaction and price history of every customer to whom the commercial enterprise extends credit score. The stability in every client account is periodically reconciled with the bills receivable balance inside the well-known ledger to make certain accuracy.
An income journal is a subsidiary ledger used to save distinct income transactions. Its most important reason is to put off a source of high-extent transactions from the general ledger, thereby streamlining the general ledger.
The income journal (also referred to as income book and sales day e book) is a special journal that is used to record all credit score income.
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Answer:
a. an express warranty.
Explanation:
An express warranty -
It is the insurity given by the seller in order to give the replacement or repairs for any of the faulty product or services , within a particular time frame after purchasing the product , is known as an express warranty .
It helps to make sure about the product the buyer have purchased and for any repairs in the future .
Hence , from the question , the example shown is about an express warranty .
Answer:
Comprehensive resource management
Explanation:
In this case, the Nims management characteristic that best fits the issue described is Comprehensive Resource Management. This characteristic sets standards that help identify key requirements for tracking, mobilizing, soliciting, and allocating resources from personnel, teams, equipment, supplies, and whatever else is needed to assist with an incident.
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
Answer and explanation:
<em>Check the attached file for a well formatted answer</em>
Headland Company
Pension worksheet 2020-2021
General Entries Memo Record
Items Annual Pension expense Cash OCI- Prior service cost OCI- Gain/Loss
