Answer:
The best sentence that describes the effect of the Bill of Rights is C) It guaranteed all people the rights to liberty and property. Explanation: The option C is one of the amendments
Explanation:
Answer:
1. Crane Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $23,000 and sales taxes $1,150.
Dr. Cr.
Cash $24,150
Sales $23,000
Sales tax Payable $1,150
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2. Sunland Company does not segregate sales and sales taxes. Its register total for April 15 is $14,840, which includes a 6% sales tax.
Dr. Cr.
Cash $14,840
Sales $14,000
Sales tax Payable $840
Working:
Sales Tax = ( $14,840 / 106 ) x 6 = $840
Sales = $14,840 - $840 = $14,000
Answer:
D (The effect of a change on any financial statement line items affected for all periods reported.)
Explanation:
Any change in the financial system should include all other 3 explanations. It should also include a cumulative effect of the change but it would not include change to every financial line and every statement.
As they only needs to adjust the cumulative effect.
A
Explanation:
Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner
Answer:
The correct answer is (A)
Explanation:
The cost which is directly associated with converting materials into a finished product is known as direct labour cost. The cost of wages paid to employees is the direct cost involved in the manufacturing process. In other words, a cost that is directly involved in the production of goods and services is the direct cost, for example, direct cost, direct commission, direct material cost.