This question is mainly about YOUR opinion. Many will say that it will, but some will say it shouldn't. This is based entirely on your opinion.
Answer:
Processing departments
Explanation:
All the cost of material and labor are directly charged to the processing departments which later on transfer from department to department and eventually become the part of finished goods. Material costs are assigned to work in process of the first processing department all the costs associated with this department are added and then it transferred to the next departments for further cost allocation.
Answer:
B) Unrealized Holding Gain or Loss-Income. 300,000
Notes Receivable 300,000
Explanation:
December 31, 2017 realized losses:
- Dr Unrealized Holding Gain or Loss―Income 300,000
- Cr Notes Receivable 300,000
Since the carrying value of the notes receivable was $300,000 higher than their fair market value, it means that the company will lose money.
Since the company is losing money, it should debit the Unrealized Holding Gain or Loss―Income account. Gains are credited and losses are debited.
Correct Question: A type of coverage with a small face amount, typically purchased to pay the burial expenses of the insured, is called a(n) _________ plan:
A. Family
B. Industrial
C. Interment
D. Annuity
Answer:
B. Industrial
Explanation:
Also called a pre need insurance, industrial insurance is the type of insurance that is procured to take care of future occurrence such as burial.
Answer:
Reserve. resource
Explanation:
concentration of natural minerals in or on the crust of the Earth with potential to be extracted for profit.
