As women and minorities move up the management hierarchy, they're often finding it an easy road to travel.

The following information applies to the questions displayed below.

Fynjy0 [20]

Answer:

BUCKEYE INCORPORATED

General Journal:

No Date Description Debit Credit

1 November 01

Cash $11,000

Common Stock $11,000

To record the issue of common stock for cash.

2. November 02

Equipment $1,500

Long-term Note Payable $1,500

To record the purchase of equipment from Spartan Corporation.

3. November 04

Supplies $1,100

Accounts Payable $1,100

To record the purchase of supplies on account.

4. November 10

Accounts Receivable $7,000

Service Revenue $7,000

To record the provision of services to customers on account.

5. November 15

Accounts Payable $1,200

Cash Account $1,200

To record the payment to suppliers on account.

6. November 20

Salaries Expense $1,000

Cash Account $1,000

To record the payment of salaries for the first half month.

7. November 22

Cash Account $9,000

Service Revenue $9,000

To record the provision of services to customers for cash.

8. November 24

Long-term Notes Payable $600

Cash Account $600

To record the payment on note to Spartan Corporation.

9. November 26

Utilities expense $1,200

Cash Account $1,200

To record the payment for gas and electricity for November.

10. November 30

Rent expense $3,000

Cash Account $3,000

To record the payment of rent for November.

Explanation:

General Journals: Buckeye Incorporated can use the general journal to record its business transactions as they occur on a daily basis. It shows the accounts involved in the transaction and the accounts to be debited and credited as the case may be.

5 0

3 years ago

Given the following data, calculate product cost per unit under variable costing. Direct labor $ 8 per unit Direct materials $ 3

Harman [31]

Solution:

As we need to measure costs due to variable expense, the fixed overhead is not taken into account.

Therefore, expense can be measured as follows per unit:

Cost per unit = Direct labor per unit + Direct material per unit + variable overhead per unit

Cost per unit = $8 + 3 + \frac{30,000}{50,000}$

= 11 +0.6 = $11.6

3 0

3 years ago

All of the following are material resources for Toyota Motor Company except a. money. b. paint. c. steel. d. tires. e. factory.

Elodia [21]

Answer:

correct option is a. money

Explanation:

solution

we know that Toyota Motor Corporation is a Japanese automotive manufacturer company

so they material resource are paint and steel and tire and factory etc

but not money because money is a financial resource not a material resource

and all resource is depend on money

so here correct option is a. money

5 0

3 years ago

Read 2 more answers

The following information pertains to Wald Corp.'s operations for the current year: Worldwide taxable income $300,000 U.S. sourc

denis-greek [22]

Answer:

The amount of foreign tax credit may Wald claim for the current year is $36,600

Explanation:

For computing the claim for the foreign tax credit, we have to do the proportionate of U.S. income tax before foreign tax credit based on Foreign non-business-related interest, Other foreign sources taxable income to the Worldwide taxable income.

In mathematically,

Foreign tax credit based on non business-related which equals to

= (Foreign non business-related interest ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit

= ($30,000 ÷ $300,000) × $96,000

= $9,600

Foreign tax credit based on Other foreign source taxable income which equals to

= (Other foreign source taxable income ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit

= ($90,000 ÷ $300,000) × $96,000

= $28,800

The lower of $28,800 and $27,000 so, $27,000 as it includes the foreign income taxes paid

So, The total amount of foreign tax credit equals to

= $9,600 + $27,000

= $36,600

8 0

3 years ago

Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's ______.

sweet-ann [11.9K]

Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.

<h3>Who are Strategic leaders?</h3>

The center of attention for organizational learning is on strategic leaders. They encourage an environment of inquiry and look for lessons in both successful and bad results.

Organizational structure, resource allocation, and strategic vision are all functions of strategic leaders. Strategic leaders deal with extremely complex challenges in an uncertain environment while also being influenced by external events and organizations.

Process simplification, increased strategic productivity, and innovation are all benefits of strategic leadership. Employees may be independent, productive, and push for new ideas under this leadership. Programs for incentives and rewards are essential for strategic leaders. They support staff members in achieving their strategic objectives.

To know more about strategic leaders refer to:brainly.com/question/15171930

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8 0

2 years ago