Answer: $191,400
Explanation:
Based on the information given in the question, the amount of vacation liability that would be reflected on Desert's year-end balance sheet will be calculated thus:
= Number of employees × Number of vacation days × Number of hours worked per day by the employees × Amount made per hour by employees
= 75 × 11 × 8 × 29
= $191,400
Therefore, the vacation liability is $191,400
Answer:
The answer is below
Explanation:
QuickBooks online is widely known as a software tool often used for accounting or financial operations. It can be used to monitor income and expenses.
Therefore, in this case, the two (2) Vendor workflows that will enable her to create a report with his data are the following:
1. Create a bill with product/service items > pay bills
2. Create expense with product/service items
Answer:
- <u><em>D. cloud seeding</em></u>
Explanation:
<em>Cloud seeding</em> is aimed mainly to stimulate rainfall.
The process consists in spraying the clouds with some chemicals, whose particles can serve as nucleation center, inducing the formation of ice. Then, liquid droplets will form around the ice particles and, when they are large and heavy enough, will precipitate.
Although this procedure has been used it is objet of study because it effectiveness is in doubt.
One of the chemicals that is mentioned in the sources for cloud seeding is silver iodide, among others.
Answer:
The journal entry should be:
Dr Merchandise Inventory account 50,000
Cr Retained Earnings account 50,000
Explanation:
Since Oscar's merchandise inventory was understated by $50,000 because of the previous inventory method (LIFO), when the new method, FIFO, starts to be used then the merchandise inventory must increase by $50,000 as well as retained earnings.
Merchandise inventory is an asset account and it increases, therefore it should be debited.
Retained earnings is an equity account and it increases, therefore it should be credited.
An increase from 16k to 20k is a 20%increase proportionate to production
