Answer:
debit to work in process of $84,000
Explanation:
Preparation of The journal entry to record the accrual of these wages
The journal entry to record the accrual of these wages would include a: DEBIT TO WORK IN PROCESS of 84,000
Debit work in process $84,000
Credit to factory payroll $84,000
(To record the accrual of wages)
Therefore The journal entry to record the accrual of these wages would include a: debit to work in process of $84,000
Answer:
c. For Deposit Only (3846933720). Midwest Bank. TJ Vargas.
Explanation:
When TJ Vargas signed on the back of the check for deposit, he did not specify a particular bank account or was to be paid to.
If a fraudster stole the check and put another account number, the bank will be obligated to transfer to the account they see on the back of the check.
To ensure the endorsement instructs the bank pay only to his account he has to sign for deposit and in addition provide the account to be credited.
Answer:
journal entries are given below
Explanation:
given data
computers cost = $4,740
Accumulated Depreciation = $4,740
disposal = $3,480
solution
journal entries are
S.No. Accounting Titles Debit Credit
a. Accumulated depreciation 4,740
Computer 4,740
b. Accumulated depreciation 3,480
Loss on disposal 1,260
Computers 4,740
Answer:
$415 underapplied (debit balance)
Explanation:
Predetermined OH rate =
$116,500/$124,500 = 93%
OH applied = $114,500(.93)
= $106,485
Applied $106,485– Actual $106,900
= $415 underapplied (debit balance)
Therefore the entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include $415 underapplied (debit balance)
Answer:
Product modification
Explanation:
Product Modification refers to the improvement of the existing products or even services making necessary changes in the characteristics, nature, size, packing and colour, etc., of the products so that the changes in demand of consumers may be dealt effectively.
