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aev [14]
3 years ago
10

please subscribe my mom's channel those who subscribed my mom's channel I will mark as brainlylist,thnx and follow 101 % gaurant

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

Answer:

ok

Explanation:

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Bingo Corp. signed a promissory note of $1,000 for one of its vendors in exchange for supplies. $100 cash payment is due upon si
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Answer:

The answer is: C) Debit supplies $1,000; credit cash $100 and credit notes payable $900

Explanation:

When assets increase, they are debited - so Supplies account should be debited.

  • Dr Supplies 1,000

When assets decrease, they are credited - so Cash account should be credited.

  • Cr Cash 100  

When liabilities increase, they are credited - so Notes Payable should be credited.

  • Cr Notes Payable 900
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Laura understands the reasons her boss assigned other team members to the better projects but thinks the way he told her about i
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A movie production studio incurred the following costs related to its current movie: Purchased office supplies on account: $36,0
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Answer:

S/n   General Journal                   Debit        Credit

a.      Office supplies                  $36,000

              Account payable                              $36,000

b.      Work in process                $22,509  

              Office supplies                                 $22,509

c.      Manufacturing overhead   $7,550  

              Office supplies                                  $7,550

d.     Work in process                  $32,503,220

               Wages payable                                $32,503,220

e.     Manufacturing overhead    $574,327

               Wages payable                                $574,327

f.      Manufacturing overhead     $957,320

                Utilities payable                               $957,320

g.      Work in process                  $3,250,322

                 Manufacturing overhead                $3,250,322

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