1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stella [2.4K]
3 years ago
6

When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is?

Business
1 answer:
Lelechka [254]3 years ago
5 0
One that declares the job is done and who it was done by
You might be interested in
Grant Appraisal Service provides commercial and industrial appraisals and feasibility studies. On January 1, the assets and liab
Reil [10]

Answer:

attached table

Explanation:

for each transaction the acouting equation stand

As the sum ofthe three assets account is the same as the two liabiltiies account and the two equity account.

The revenues and expenses account were posted directly into retained earnings for the purpose of simplify the table.

<u>The expese account if needed to expand the table would be:</u>

(1) rent expense, (8)utilities expense, (11) interest expense and salaries expense (7) and (9)

5 0
3 years ago
The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of
-Dominant- [34]

Answer: 6.42%

Explanation:

To calculate this, we use the formula for the Dividend Discount Model/ Gordon Growth Formula as follows:

P = D1/(r - g)

Where,

P = current stock price

D1 = Next dividend

r = required return

g = growth rate

We can make r the subject of the equation by,

P = D1/(r - g)

P(r - g) = D1

r - g = D1/P

r = D1/P + g

Calculating therefore we have,

r = 2.65/43.15 + 0.045

= 0.06417728852

= 6.42%

6.42% is the required return.

If you need any clarification do comment.

5 0
3 years ago
Joann wants to save for her daughter's education. Tuition costs $10,000 per year in today's dollars. Her daughter was born today
Anettt [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Joann wants to save for her daughter's education. Tuition costs $10,000 per year in today's dollars. Her daughter was born today and will go to school starting at age 18. She will go to school for 4 years. She can earn 11% on her investments and tuition inflation is 6%.

First, we must find the cost of the tuition for 18 years and so on from now.

FV= PV*(1+i)^n

FV= 10,000*(1.06)^18= 28,543.39

Year 2= 28,543.39*1.06= 30,256

Year 3= 30,256*1.06= 32,071.36

Year 4= 32,071.36= 33,995.64

Total= 124,866.39

Now, we can calculate the annual deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (124,966.39*0.11)/[(1.11^18)-1]= $2,479.69

3 0
3 years ago
Lucinda is a self-employed veterinarian in 2019. Her Schedule C net earnings are $86,000 for the year. Calculate the total amoun
trapecia [35]

Answer:

$79,421

$12,151.413

Step by Step Explanation:

The self-employment taxable income is 92.35% of net earnings. While the tax rate for self-employment tax liability is 15.3% for year 2019

Schedule C net earnings: $86,000

Self-employment taxable income rate: 92.35%

Self-employment taxable income= 92.35%×86,000

=$79,421

Self-employment taxable income: $79,421

Self-employment tax rate: 15.3%

self-employment tax liability=

Self-employment taxable income×Self-employment tax rate

$79,421×15.3% =$ 12,151.413

5 0
3 years ago
When GE appointed Jeff Immelt--a white male and long-time GE executive--to succeed Jack Welch--also a white male--as their new C
geniusboy [140]

Answer:

Stability

Explanation:

When a company wants to make a transition in leadership there are various strategies being such change depending on business needs.

For example a company may want a strategic change, an ambiguous change, an innovative change, or a stable change.

In the given scenario GE appointed Jeff Immelt a white male and long-time GE executive to succeed Jack Welch also a white male as their new CEO.

There is no change in the profile of the new leader, and the fact that he is a long-time GE executive shows they want to maintain the same traditions as before.

So this is a stable strategy

3 0
3 years ago
Other questions:
  • United Van Lines purchased a truck with a list price of $250,000 subject to a 6% discount if paid within 30 days. United Van Lin
    11·1 answer
  • sarah parents gave her a goal to clean the bathroom twice a day until the end of the year which part of the SMART criteria is mi
    14·2 answers
  • Larry has booked a hotel room for a conference at a rate of $100 per day for five days. when he arrives to check in, larry is to
    15·1 answer
  • A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent of its liabilities. The bank's inte
    7·1 answer
  • National saving a. is the total income in the economy that remains after paying for consumption. b. is the total income in the e
    9·1 answer
  • A company manufacturing shirts for a department store decides to create a new style of cotton shirt. The company would most like
    15·1 answer
  • Everything else held constant, if the federal government were to guarantee today that it will pay creditors if a corporation goe
    12·1 answer
  • Bertucci Corporation makes three products that use the current constraint which is a particular type of machine. Data concerning
    14·2 answers
  • g Hondae Inc. purchased equipment on January 1, 2018, at a cost of $320,000. The company estimated a $8,000 salvage value and th
    7·1 answer
  • Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31 , the accounting
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!