Answer:$120,000
Explanation: multiply $500 and 12 and get 6,000 then multiply 6,000
then multiply 6000 and 20 and get 120,000
Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".
Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.
Answer:
1st 46,398.83
2nd 49,646.74
3rd 53,122.02
4th 56,840.56
5th 60,819.40
Explanation:
given a growing annuity we have to solve for the installement
FV = PV (1+r)^5 = 180,000 x 1.14^5 = 346,574.62
grow rate 0.07
interest rate 0.14
n = time 5
C = 46398.8284
Now, to determiante the subsequent payment we multiply by the grow rate of 1.07
Answer and Explanation:
The journal entries are as follows:
1. Petty cash A/c Dr $150
To Cash A/c $150
(Being the establishment of petty cash is recorded)
2.
Entertainment expenses A/c Dr $70
Postage expense A/c Dr $30
Printing A/c Dr $22
To Petty cash A/c $122
(Being the reimbursement of petty cash fund is recorded)
Answer:
Dr Factory Overhead $29,200
Cr Materials 8800
Cr Wages payable 6600 Cr Utilities Payable 4800
Cr Accumulated Depreciation-Factory 9000
Explanation:
Preparation of the entry to record the factory overhead incurred during May.
Dr Factory Overhead $29,200
($8,800 + $6,600 + $4,800 + $9,000)
Cr Materials 8800
Cr Wages payable 6600 Cr Utilities Payable 4800
Cr Accumulated Depreciation-Factory 9000
(To record the factory overhead incurred during May)
