Answer:
The correct answer is letter "A": innovative.
Explanation:
Innovative changes allow companies to use new strategies and technologies to improve the efficiency of their operations. Sometimes those changes are processes or technological devices created by the company itself while in other cases they are adopted from other entities with similar approaches and accomplish almost the same goal.
Answer: B. Work-In-Process Inventory XXX Wages Payable XXX
Explanation:
The method of accounting for Direct labor during production is to apportion it to Work in Process inventory because as a direct cost, it should form a part of the cost of producing the good.
The Work in Process Inventory will therefore be debited to reflect an increase and the Wages Payable will be credited to reflect that the wages are a liability owed to workers.
Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.
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A regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.
According to the given question, we are told that Katy Mills Mall has two department stores which are specialty stores, a movie theater and various restaurants.
However, because this shopping center does not contain any convenience stores, then it is a regional shopping center
Therefore, the correct answer is Regional
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Answer:
May 15, 2020
No Entry
June 15, 2020
Debit: Account Receivable 2,060
Credit Revenue 2,060
Debit COGS 1,380
Credit Inventory 1,380
July 15, 2020
Debit Cash 2,060
Credit Account Receivable 2,060
Explanation:
Preparation of the journal entries for Splish related to this contract.
May 15, 2020
No Entry
June 15, 2020
Debit: Account Receivable 2,060
Credit Revenue 2,060
Debit COGS 1,380
Credit Inventory 1,380
July 15, 2020
Debit Cash 2,060
Credit Account Receivable 2,060
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