Answer:
Weighted-average number of shares = 310,600
Explanation:
Given:
Total shares on January 1, 2017 = 291,000 (for 12 months)
Issue of new shares On May 1, 2017 = 29,400 (For 8 months)
Computation of Weighted-average number of shares:
Weighted-average number of shares = [291,000 × (12/12)] + [29,400 × (8/12) ]
Weighted-average number of shares = [291,000 + 19,600 ]
Weighted-average number of shares = [310,600]
The provision for warranty in the current year should be
303000 * 5% = 15150 where 4000 is a current expense so a total of 19150 should be reported.
A warranty clause is a provision in a contract that typically affords a promise specifying that something is real or will manifest. In contract law, this clause can have a couple of that means, and it has a tendency to be one of the most misunderstood.
A warranty is a contingent legal responsibility, so the celebration presenting it needs to report a liability and assurance price whilst it information the associated sale of goods or offerings. As the promoting birthday party incurs real assurance fees, it expenses them towards the legal responsibility account.
The warranty price account receives debited, and the warranty legal responsibility account gets credited. The value of the alternative components and merchandise despatched to customers is debited from the warranty legal responsibility account. And it is credited to the inventory account as actual warranty claims are obtained.
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Answer:
The journal entry that Teal would make to record payment of this note would include a credit to: c) Interest revenue for $200
Explanation:
On March 14, Teal Co. accepted a 120 days, 6% note in the amount of $10,000 from AZC Co.
The entry:
Debit Note receivable $10,000
Credit Accounts receivable $10,000
Assuming that a year of calculating interest has 360 days. On the due date of the note, AZC honors the note and pays in full, include the interest of 120 days:
$10,000 x 6% x 120/360 = $200
The entry that Teal would make:
Debit Cash $10,200
Credit Note receivable $10,000
Credit Interest revenue $200
Answer:
Date Account Title and Explanation Debit Credit
XXXX Cost of goods sold $5,800
To manufacturing overhead $5,800
(Entry for unapplied overhead transfer to cost of goods sold)
Answer:
The correct answer is Communication.
Explanation:
A communicative act among humans is a complex process. And it is because the meaning, the communicable, the "truth" of the communicable, is inextricably linked to the incommunicable. The truth and the communicable are always hooked, overdetermined and produced inside and outside the scope of a given act of communicative interaction.
Contrary to the idea that an act of communicative interaction is something simple, I think that an act of communicative interaction is a complex process because it integrates previous communicative acts and implies and is implied by subjective and cultural features that carry contradictions and paradoxes in their saddles. typical of the relationship between the incommunicable and the communicable. That said more radically: the communicable also involves the incommunicable; and you have to count on it and it.