Answer:
b. Salaries and Wages Expense 400 Salaries and Wages Payable 400
Explanation:
The expense shall be recognized in the accounts of Colleen's employer at September 30, in respect of the salary earned by Colleen Mooney for the last week of September.
The following adjusting entry shall be recorded in Colleen's employer accounts:
Debit Credit
Salaries and Wages Expense 400
Salaries and Wages Payable 400
Based on above journal entry, the answer shall be b. Salaries and Wages Expense 400 Salaries and Wages Payable 400
Answer:
125,800
Explanation:
FIRST we check how many materials were used in production
beg raw + purchases = ending raw + used in production
15,200 + 60,000 = 16,600 + used in production
used in production = 58,600
SECOND the cost added during the period for the three main cost components
Raw materials 58,600
DL 42,800
MOH 30,000
cost added during the period 131,400
LASTLY the COGM
Beg WIP + cost added = ending + COGM
22,400 + 131,400 = 28,000 + COGM
COGM = 153,800 - 28,000
COGM = 125,800
Both operating expenses and cost of goods sold (COGS) are expenditures that companies incur with running their business. However, the expenses are segregated on the income statement. Operating expenses and COGS measure different ways in which resources are spent in the process of running a company.
Advertising would be something over the world or state country etc that many people will see something that is advertised on tv or a bill board, personal selling would be something that your showing off on your on like on ebay etc that isnt sponsered by any companys and is for your own doing . Hope this helped ! (:
The right answer for the question that is being asked and shown above is that: "a. the sale or transfer of the franchise to a government entity." One of the most important features of the franchise contract is the provision related to <span>a. the sale or transfer of the franchise to a government entity.</span>
