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zzz [600]
3 years ago
12

Which account is credited when a job is completed? finished goods inventory. sales revenue. cost of goods sold. work in process

inventory?
Business
1 answer:
Firdavs [7]3 years ago
3 0

Answer:

sales revenue. We are going to debit profit and loss too for cost of labor if need arises.

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The differences between the various 'Money Supplies' (M1, M2, …) are base on A) The volume of the economy they make up C) Whethe
postnew [5]

Answer:

The correct option here is B) the degree of liquidity in each element.

Explanation:

Money supply can be described as total amount of money , which is present in an economy at a point of time.

Money supply can be classified as M0,M1,M2  etc , where these different money supply's reflects different type of liquidity that each type of money has in the economy. M0, M1  actually consists of narrow money and contain coins and notes, which are in circulation in the economy and these are easily convertible in to cash and they are most liquid elements and same way M2 would be less liquid than M1, and so on.

8 0
3 years ago
Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car payment, $300 on rent, and $50 on s
Volgvan

Answer:

40%

Explanation:

Given:

Net income of Victor Malaba = $ 1,240 per month

Amount spend on food = $150

Amount spend on a car payment = $244

Amount spend on rent = $300

Amount for savings = $50

Thus,

Total expenses = $ 150 + $ 244 + $ 300 + $ 50 = $ 744

the total amount left after the above expenses = Net income - The total expenses

or

The amount left = $ 1,240 - $ 744 = $ 496

Therefore, the percentage of net income that can he can spend on other things = \frac{496}{1240}\times100%

or

The percentage of net income that can he can spend on other things = 40%

6 0
3 years ago
Which of the following is one of the three arguments in favor of narrow corporate social responsibility discussed in this chapte
zaharov [31]

Answer: let-government-do-it

Explanation:

The narrow corporate social responsibility has to do with the fact that corporations and businesses already contribute a positive quota to tye economy by generating revenue when they make profit, which they use in supporting the wages of employees, provision of employment, investments opportunities, and payment of taxes.

The argument believes that government should be allowed to do some other things.

5 0
3 years ago
Compute the Work-In-Process transferred to the finished goods warehouse on April 30 using the following information:
Marina CMI [18]

Answer:

$910

Explanation:

Computation for the Work-in-Process transferred to the finished goods warehouse on April 30

Using this formula

Work-in-Process transferred to finished goods warehouse=Work-In-Process Inventory, April 1+(Direct materials used in production+Direct labor costs incurred +Manufacturing overhead costs)-Work-In-Process Inventory, April 30

Let plug in the formula

Work-in-Process transferred to finished goods warehouse=$270 + ($195 + $370 + $320) - $245

Work-in-Process transferred to finished goods warehouse=$270 +$885-$245

Work-in-Process transferred to finished goods warehouse= $910

Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 is $910

8 0
3 years ago
True or False:
sergey [27]
The correct answer is true hope this helps!
8 0
3 years ago
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