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12345 [234]
3 years ago
14

Assume that a $300 payment for rent expense was incorrectly debited to repair expense and correctly credited to cash. the journa

l entry was posted. what would be the correcting entry?
Business
1 answer:
elena-s [515]3 years ago
3 0
$300debited to rent expense .it was fixed so you now start over and debit stain
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On December 31, the company provides consulting services and bills its customer $3,000 for these services.
lukranit [14]
I would highly recommend either 1. Try to use larger words that has a high vocabulary level to them. It kinda works to fill the sentences better and make them feel more whole as well as take more time to read. You could also 2. Just go back and give it another read and try to find more information on the subject. Hope that helped
8 0
3 years ago
Dejarnette Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hour
seropon [69]

Answer:

Predetermined manufacturing overhead rate= $8.3 per machine hour

Explanation:

Giving the following information:

Total machine-hours 80,000

Total fixed manufacturing overhead cost $416,000

Variable manufacturing overhead per machine-hour $ 3.10

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1

Predetermined manufacturing overhead rate= $8.3 per machine hour

8 0
3 years ago
What is the best Honda dirt bike?
Illusion [34]

Answer:

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Explanation:

7 0
3 years ago
Which options are available in Layout view? Check all that apply.
ss7ja [257]

Answer:

Resize Objects and Relocate Objects

Explanation:

I did it :)))))

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3 years ago
Currently Ark is charged $3,144,267 Depreciation on the Income Statement of Andrews. Andrews is planning for an increase in this
german

Question Completion:

A)Have no impact on the Net Cash from Operations as depreciation appears in both the Cash Flow and the Income Statement

B)Decrease Net Cash from Operations on the Cash Flow Statement

C)Increase Net Cash from Operations on the Cash Flow Statement

D)Just impact the balance sheet

Answer:

C)Increase Net Cash from Operations on the Cash Flow Statement

Explanation:

When Andrews increases the depreciation charge of $3,144,267 to a higher amount, this will decrease the net operating income.  In computing the adjustment to net income for non-cash expenses, the increased depreciation will automatically increase the net cash from operations because of the tradeoff effects.  So, on the financial statements of Andrews, specifically on the Statement of Cash Flows, the increased depreciation expense or charge will positively increase the net cash from operating activities.

4 0
3 years ago
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