Answer:
$2,800
Explanation:
Particulars Amount
Favorable temporary difference at the end of 20X2 $7000
* Income tax rate <u> 40% </u>
Deferred tax asset account at the end of 20X2 <u>$2,800</u>
Answer:
Consider the following explanation
Explanation:
Executive compensation depends on the overall performance of the company sequentially. It depends on various factors which determine the success of the organization. There has being a tool where the overall performance of the company and its overall standpoint is mentioned explaining in detail the occurrence of various events. Balanced score card is nothing but a report card explaining performance. Executive compensation attracts a clause of payment of a certain percentage only after achieving certain specific performance targets. Balanced score cards includes following things
Learning and growth perspective: it includes what the employees learn from the system, their training which is an essential aspect to increase their productivity.
Business perspective: determines how business are performing with regards market capitalization or client conversion ratios, also concerns about the region the business is growing into.
customer perspective: what customer wants, and what is being delivered to him, it helps company to close the gap to increase quality of delivery
Financial perspective: explains ratios, profits, losses, analysis regarding the financial position of the company.
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Answer:
Explanation:
The journal entry is shown below:
(a) Factory Labor/Expenses A/c Dr $103,800
To Factory wages payable $91,000
To Employer payroll taxes payable $7,700
To Fringe benefits payable $5,100
(Being labor expenses are recorded)
(b) Direct labor A/c Dr $87192 ($103,800 × 84%)
Indirect labor A/c Dr $16,608 ($103,800 × 16%)
To Factory Labor $103,800
(Being factor labor is assigned)
B. If you needed to Access it if your computer ever crashes down, you have a copy that won't get corrupted.