B bc it’s the right answer i just did it in my test
Answer:
Materiality
Explanation:
Materiality is a term or convention relating to the importance / significance of an amount transaction or discrepancy within auditing and accounting
Answer:
debit Factory Overhead and credit Utilities Payable
Explanation:
The journal entry to record the accrual of factory utilities is to: Debit Expense Account - Factory Overhead and Credit Liability Account -Utilities Payable.
Answer:
C. front page test
Explanation:
Front page test refers to the analytical study, which provides information to each public official about how people note his or her actions and respond accordingly.
People in general usually observe actions of individuals and then justify or some times reciprocate so many questions to them against there actions.
This clearly shows that Haley is referring to front page test as she is also a kind of public official, as for each action people respond accordingly, and might create opinions and judgement.
Thus, correct option is C.
front page test.
Answer:
c. credit to Sales Revenue for $72,380.
Explanation:
Since AAA Car Repair's total purchases exceed $200,000 for the year, they are eligible for the 3% rebate on purchases above $60,000. Only the fraction of the purchase over $60,000 should get the 3% rebate, the first $60,000 get the 2% rate.
Therefore, the total sales amount recorded by P & G Auto Parts by selling $74,000 of parts to AAA is:
There should be a credit to Sales Revenue for $72,380.
