Answer:
The entries are made as follows;
Explanation:
Oct 1. Petty Cash Dr.147
Cash Cr.147
Petty Cash (197-147) Dr.$50
Cash Cr.$50
Supplies Expense Dr.$24.69
Petty Cash Cr.$24.69
Miscellaneous Expense Dr.$14.99
Petty Cash Cr.$14.99
Postage Expense Dr.$14.99
Petty Cash Cr.$14.99
Freight Expense Dr.$5.39
Petty Cash Cr.$5.39
The correct answer is true.
The United States issues savings bonds, which is equivalent to loaning them money. Savings bonds are a very safe investment for the investors and gives the United States cash flow.
Answer:
$4 advantage
Explanation:
In this question we need to compare the cost between the relevant cost and the outside supplier cost
The relevant cost is
= Direct material per unit + direct labor per unit + variable manufacturing overhead per unit + fixed manufacturing overhead per unit
= $8 + $5 + $3 + $5 × 80%
= $8 + $5 + $3 + $4
= $20
Since 80% of the fixed manufacturing cost above is eliminated so we considered the same
And, the outside supplier cost is $16
So based on the above calculation, the financial advantage is
= $20 - $16
= $4 advantage
This shows the company should purchased from outside supplier as it saves $4
Answer:
D
Explanation:
when you lease a vehicle, your monthly payment will be calculated based on the vehicle's depreciation, or the change between its current value and its value at the end of the lease obviously plus interest and fees. .
Answer:
<em>Employee stock ownership plan</em>
Explanation:
An employee stock ownership plan (ESOP) is <em>a retirement plan wherein the employer contributes its shares (or funds to purchase its stock) to the fund for the advantage of the employees of the company.</em>
The company maintains an account for every employee who participates in the program.
Over time stock shares accumulate before an employee is eligible to them.
With an ESOP, while still working with the company, you never purchase or keep the stock directly.
If an employee is fired, decides to retire, is disabled, or dies, the company must transfer the stock shares in the account of the employee.
