Answer:
people who are stupid lol
Explanation:
Answer:
Correct option is (B)
Explanation:
In accounting, double entry book keeping is followed as every financial transaction has dual effect on the books of accounts. It starts with the accounting equation which stated:
Assets = Liabilities + Stockholder's Equity
If there is an increase in assets, there has to be a subsequent increase in either liability or stockholder's equity.
Every transaction is debited in one account and credited in some other account.
For example Depreciation for the year is $2,000. Depreciation expense account is debited by $2,000 and accumulated depreciation account is credited by $2,000.
Since Sandra recognizes that an effect on asset will have a simultaneous effect on either liability or equity, she is following double entry bookkeeping.
The best and most correct answer among the choices provided by the question is the first choice. On the other hand, the answer for the second question is the second choice. I hope my answers has come to your help. God bless and have a nice day ahead!
Answer: c. $1.994
Explanation:
Cost per Equivalent Unit of Production (EUP) for Conversion = Total Conversion costs/ EUP
Total Conversion cost
= Conversion cost for beginning work in process inventory + Conversion cost incurred in the month
= 7,840 + 203,300
= $211,140
EUP = Units completed + Percentage of ending Units completed with regards to conversion
= 92,900 + (90% * 14,450)
= 105,905 units
Cost per Equivalent Unit of Production (EUP) for Conversion = 211,140 / 105,905
= $1.9936
= $1.994
