Answer:
Explanation:
The journal entry is shown below:
Factory Overhead A/c Dr $25,000
To Wages Payable A/c $25,000
(Being actual overhead cost is recorded)
For recording this transaction, we debited the factory overhead account and credited the wages payable account so that the correct posting can be done.
All other information which is given is not relevant. Hence, ignored it
Pipeline is the business structure that is linear and has producers at one end and consumers at the other. A business structure is a term used to describe a company's legal structure and how it affects the day-to-day operations of a firm for example partnership. An unincorporated firm run by a single person is known as a sole proprietorship.
Corporations, partnerships, holding companies, non-profits, subsidiaries, and limited liability companies are a few examples of common business structures. Due to the lack of continuous procedures like shareholder meetings and voting, a sole proprietorship and partnership are easy to start up.
To learn more about business structure, click here.
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Answer:
Estes must adjust the Securities Fair Value Adjustment account (which is a contra asset account) by debiting $17,500 (= $475,000 - $492,500). Since the investment in trading securities is considered an asset but it had lost value, an unrealized loss of $25,000 was reported in its 2017 balance. Since the investment's value has increased, the unrealized loss has to decrease. This is done by crediting an unrealized gain of $17,500 in the Unrealized Gains account (equity account).
Answer:
30 points
Explanation:
If the question is worth 60 points, split between 2 people, it's 30.
Answer: conducting lectures in sustainable agriculture
Explanation: the description states that they help with environmental rights there for leading to agriculture and showing why they would support this activity