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MArishka [77]
3 years ago
11

The appropriate journal entry to transfer the cost of completed units from the Work in Process account would involve a credit to

Work in Process and a debit to which of the following accounts?
a. Income Summary
b. Raw Materials Inventory
c. Finished Goods
d. Manufacturing Summary
Business
1 answer:
IgorLugansk [536]3 years ago
8 0
Ig a……………………………………….
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Austin sound sold inventory for $ 300,000, terms 2​/10, ​n/30. cost of goods sold was $152,000. how much sales revenue will aust
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The correct answer is $300,000.

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If the constructor function is a machine to create object instances, then the _____ is the blueprint for the objects that are cr
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I think ( prototype)

If the constructor function is a machine to create object instances, then the <em><u>prototype</u></em> is the blueprint for the objects that are created.

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Jenae's study ignored the fact that only some of her coffee choices had caffeine, even though her co-workers preferred caffeinat
ch4aika [34]

Answer:

Placebo effect

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8 0
2 years ago
The double-entry principle in the balance-of-payments
Sliva [168]

Answer:

The Current account is for goods and services.

The Financial account is for exchange of currencies and financial assets across countries.

Miguel, a U.S. resident, buys an HDTV set for  $2,500 and sends it to Mexico as a gift to his parents. <u>DEBIT CURRENT ACCOUNT. CREDIT CURRENT ACCOUNT. </u>

Miguel buys the good in the U.S. and then sends it so this falls under the current account alone.

Arielle, a French tourist, stays at a hotel in San  Francisco and pays $400 for it with her debit  card issued by a French bank. <u>DEBIT FINANCIAL ACCOUNT. CREDIT CURRENT ACCOUNT. </u>

The Financial account should be debited to show that currency is coming into the U.S. from outside the country and current account should be credited for services rendered.

A U.S. computer manufacturer purchases hard  drives from a Korean company, paying the funds  from its bank account in Korea. <u>DEBIT CURRENT ACCOUNT. CREDIT FINANCIAL ACCOUNT. </u>

Current account should be debited to reflect that goods are coming into the country but the financial account should be credited to show that currency is leaving the ownership of an American entity so it is passing out of American hands.

3 0
3 years ago
Hallie has an annual salary of 58000 and her company pays her twice a month. what is the gross income per paycheck that Hallie r
Varvara68 [4.7K]

Answer:

<u>$2416.67</u>

Explanation:

A_P-E_X

8 0
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