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

A company purchased a commercial dishwasher by paying cash of $4,900. The dishwasher's fair value on the date of the purchase wa

Dafna11 [192]

Answer: $5550

Explanation:

The amount that the company will record the dishwasher will be the amount the dishwasher was bought plus the transportation cost incurred on the dishwasher plus the installation fees. This will be:

= $4900 + $390 + $260

= $5550

Therefore, the amount that the company will record for the dishwasher is $5550

7 0

3 years ago

Daniel, the supervisor of a team of financial analysts, aims to become a manager. He is confident about his ideas in the workpla

amm1812

Answer:

The correct option is B, high surgency

Explanation:

Agreeableness in a personality test refers to people whose main aim is to get along with colleagues at workplace thereby putting aside their self interests with sole aim of maintaining strong social ties.

High surgency in personality score reflects high level of positivism where one is confident and assured that subordinates or co-workers would do as expected.

High adjustment means having level of adaptability to changing circumstances in workplace especially when one fears that one's job is at risk

High consciousness ensures an employee takes cognizance every little detail of happenings or events unfolding in the work environment with aim of knowing how best to tackle each situation head-on

8 0

3 years ago

When starting a small business, government agencies such as the Small Business Administration (SBA), the Farmers Home Administra

expeople1 [14]

The government agencies like SBA and farmers' home administration are possible sources of capital. Thus the correct answer is D.

<h3 /><h3>What is capital?</h3>

Capital refers to the total amount of capital assets required to generate goods or services in a business. This amount can be used to start a business, manage daily operations of the business, or grow and extend it.

These institutions the Small Business Administration (SBA), the Farmers Home Administration, the Economic Development Authority, and the Minority Business Development Agency help to provide small businesses with financial assistance in terms of capital and loans and provide training to manage things in the business.

Therefore, option D capital is the correct answer.

Learn more about capital, here:

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5 0

2 years ago

A department within an organization that focuses on generating profits is called a(n

Ostrovityanka [42]

<span>A department within an organization that focuses on generating profits is called a <u>profit center.</u> This is pretty self-explanatory: a profit center is there to generate profit for a company or an organization. Cost center deals with paying bills and such, revenue center gains revenue, and sales center deals with sales.</span>

5 0

3 years ago

If Management was not concerned with the time value of money, from which two capital budgeting methods should they choose?

Neporo4naja [7]

Answer:

ARR or Payback

Explanation:

Here are the options to this question

Multiple Choice

BET or IRR

ARR or Payback

NPV or IRR

NPV or Payback

BET or NPV

Accounting rate of return = Average net income / Average book value

Average book value = (cost of equipment - salvage value) / 2

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

The NPV and IRR considers the time value of money by discounting the cash flow at discount rate.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

7 0

3 years ago