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DENIUS [597]
3 years ago
14

Prepare summary journal entries to record the following transactions for a company in its first month of operations.

Business
1 answer:
iragen [17]3 years ago
4 0

Answer: The journal has been attached

Explanation:

The summary journal entries to record the following transactions for a company in its first month of operations has been attached.

Note that the work on process Inventory for (f) was calculated as the direct labor of 40000 multiplied by 125%. This will be:

= 40000 × 125%

= 40000 × 1.25

= 50000

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Answer:

The correct answer is 3.

Explanation:

Giving the following information:

Your coin collection contains fifty-four 1941 silver dollars. These coins have appreciated at a 10 percent annual rate.

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Even though Kelly did not actively post the leaked information on social media, Don and the rest of the management team decided
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Answer:1.Even though Kelly did not actively post the leaked information on social media, Don and the rest of the management team decided she was still responsible for the social media infringement because she

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Explanation:

6 0
3 years ago
The Work-in-Process inventory account of a manufacturing firm shows a balance of $3,250 at the end of an accounting period. The
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Answer:

$1.25

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