1. interest credited in bank account -- add to personal
2. fee charged by bank for returned check -- deduct from personal
3. checks issued but not deposited -- deduct from bank
4. deposits yet to be credited -- add to bank
<span>Planning for the possibility that your home might get struck by lightning and catch on fire is part of a plan for protecting assets. This planning falls under protecting your assets because you are taking initiative by making sure your home is protected in the event it is struck by lighting or catches on fire. The plan you develop will make sure your assets are protected and allows you to have steps in place to make sure that you do not lose everything without protection. </span>
Answer:
$29,900
Explanation:
According to the scenario, computation of the given data are as follows:-
Predetermined Manufacturing Overhead = 130% of Direct Labor Cost
= $77,000 × 130÷100 = $100,100
Direct Material= $51,300 - $4,500 = $46,800
Direct Labor = $77,000
Total Added Cost to WIP = Manufacturing Overhead + Direct Material + Direct Labor
=$100,100 + $46,800 + $77,000 = $223,900
WIP Inventory at the End of The Year = Beginning WIP Inventory +Total Added Cost to WIP - Cost of Goods Manufactured
= $29,700 + $223,900 - $223,700
= $29,900
Answer:
There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.
Explanation:
There are many advantages to opening a new business. When you are an entrepreneur it is easy to get lost in all the benefits and don't pay attention to many os its disadvantages.
A big disadvantage is that you are always at work, you are working everywhere at all times. There are no off days, if you’re not working, then you’re not earning. You don’t need to be engaged 24/7 to have a chance at success in the world of entrepreneurship, but you will be working a lot more often.
Most people who find success in the world of entrepreneurship are working longer, harder days than the average “traditional” employee. You do have some flexibility when putting in those hours, so you can structure medical appointments, school visits, and other family needs within your day. You do not have the luxury of cutting back on your hours most days.
There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.
