Answer:
Entries are given below
Explanation:
Calculations
Cash = ($68,000 x 90%) - ($68,000 x 2%)
Cash = $61,200 - $1,360
Cash = $59,840
Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)
Loss on sale = $71,800 - $65,640
Loss on sale = $6,160
Entries
DEBIT CREDIT
Cash $59,840
Loss on sale $6,160
Receivable from factor $5,800
Recourse liability $3,800
Receivables $68,000
<span>Henry Company should record the rent expense on August 2. Although the check was prepared on July 25 and mailed on July 27, it should not be recorded until the check is actually cashed.</span>
Answer:
Telephone bill
Sales ticket
Invoice from supplier
Bank statement
Prepaid insurance
Explanation:
Source documents in accounting are defined as the original record of a transaction that contains transaction details and provides evidence that a transaction occurred.
It is source of information entered into the accounting system. They can be printed on paper or electronic in nature.
From the given list the following are source documents: Telephone bill, Sales ticket, Invoice from supplier, Bank statement, Prepaid insurance.
They are sources from which transaction information can be obtained for entry into the accounting system
The best course of action is to remove the reponses that were not intended for the site. I would also reach out to those who posted the inappropriate remarks and give them a warning regarding the comments. If they make those comments again or anything of inappropriate nature, they will be terminated.
Costs identified as indirect labor should be charged to manufacturing overhead.
Labor economics, or labor economics, seeks to understand the functioning and dynamics of the wage labor market. Labor is a commodity offered by workers, usually in exchange for wages paid by sophisticated firms.
If you have regular contractions that cause changes in the cervix, they are contractions. Contractions occur when the muscles in the uterus contract and then relax. Contractions help push the baby out of the womb.
In the three stages of labor, the body prepares the baby for birth (stage 1), delivers the baby (stage 2), and delivers the placenta (stage 3). During labor, your body uses contractions to dilate and close the cervix.
Learn more about labor here:brainly.com/question/453055
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