Answer:
1. Depreciation expense 3600
Accumulated depreciation 3600
2.Unearned rent 330666
Rental income 330666
3. Interest expense 2100
Interest payable 2100
4.Cost of goods manufactured 2640
Supplies 2640
5. Insurance expense 2400
Prepaid insurance 2400
Explanation:
depreciation for the year = 300*12=3600
2. Earned rent was 62000/3*4=330666
3.Interest expense for the year = 525*4=2100
4.opening supplies were 3500 and ending were 860 so (3500-860)=2640 were consumed and 860 will be reported to balance sheet.
5. Opening prepaid insurance was =$3600
Insurance was expense out at the rate of $200 per month = 200*12=$2400
$1200 shall be reported to balance sheet.
Answer:
B
Explanation:
Unemployment among low-skilled workers decrease since they are getting higher pay now that is $1.5 per hour. Although it is below the equilibrium rate but still there are sure chances that the people will be more willing to work.
It does not necessarily mean that now labour is available according the demand of labour because the increased rate is below than the $8
The entries are as follows
<u>To record estimated returns on Sales</u>
Debit: Sales Refund Payable Account $142,800
Credit: Accounts Receivables $142,800
<u>To record estimated Cost of Sales returns</u>
Debit: Inventory Returns Estimated Account $85,400
Credit: Inventory on Sales on Returns $85,400
<u>Explanation:</u>
<u>To derive the figure for Sales Refund payable for the year</u>
7% of $2,040,000
=7/100*2040000= $142,800
<u>To derive the figure for Inventory cost on Sales Refund payable for the year
</u>
7% of $1,220,000
=7/100*1220000
= $85400
A form of CSR information that helps managers evaluate the savings generated by using fewer natural resources in a company's operations is known as an eco-efficiency measure.
<h3>
What are eco-efficiency and eco-effectiveness?</h3>
Eco-efficiency is a crucial step toward creating a more wholesome and sustainable environment, but it is just a part of the solution. Being eco-efficient actually entails doing less bad. We must aim for an all-encompassing solution and practice eco-efficiency. Eliminating all fossil fuels is the best path to eco-effectiveness.
Reduced emissions of hazardous substances, increased product durability and shelf life, a move toward renewable natural resources, a decrease in the material and energy intensity of goods and services, the adoption of recycling, and an increase in eco-efficiency are just a few of the numerous environmental advantages that eco-efficiency can provide.
Learn more about Corporate social responsibility (CSR) here:
brainly.com/question/8003335
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Answer:
C makes most sense
Explanation:
if you dont have the raw materials to byild the bases of the products you cant make anything