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MrRa [10]
3 years ago
13

when a company has performed a service but has not yet recieved payment,what is the required journal entry to be recorded

Business
1 answer:
Naddika [18.5K]3 years ago
3 0

Debit

Hope that helped you in any way

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Dvorak Company produced 1,000 units of product that required 3 standard hours per unit. The standard variable overhead cost per
valentina_108 [34]

Answer:

The variance is 4,000 - 4,200 = -200 (favourable variance).

Explanation:

To know the production variance in this exercise, we first need to know the total standard cost, then calculate the difference between the actual cost and the standard one.

Total standard cost = production volume x hour used per one unit produced x overhead cost per hour = 1,000 x 3 x 1.4 = 4,200

So, the variance is 4,000 - 4,200 = -200 (favourable variance).

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Please answer quick
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Managing values in the workplace legitimizes managerial actions and strengthens the coherence and balance of the organization’
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Answer:

False

Explanation:

Managing values in the workplace legitimizes managerial actions and strengthens the coherence and balance of the organization's culture. ETHICS IMPROVES RELATIONSHIPS BETWEEN EMPLOYEES AND THE WORK GROUPS. THEY ULTIMATELY HELP TO ENHANCE THE PRODUCTS' QUALITIES AND TO CULTIVATE GREATER SENSITIVITY TO THE IMPACT OF THE CORPORATION'S VALUES AND MESSAGES.

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3 years ago
When a corporation issues its capital stock in payment for services, the least appropriate basis for recording the transaction i
koban [17]

Answer:

par value of the shares issued.

Explanation:

In the case when the corporation issued the capital stock with regard to the service payment so the least & appropriate basis for recording the above transaction would be the par value of the shares issued as it would leads to the excess payment

Therefore according to the given situation the last option is right

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Answer:true

Explanation: just took the test

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