Answer:
Option "C"is the correct answer to the following statement.
Explanation:
The retrospective method effect requires the development of new accounting procedures. In other terms, the retrospective method would affect the reporting of past time financial statements.
In this situation, the company will use the equity method at the place of the Fair-value method for calculating and control over their investment, so the above option is correct.
The eight types of waste in lean manufacturing include all of the following except verifying and checking.
<h3>How to illustrate the information?</h3>
Lean manufacturing is a production method that is aimed at reducing response times within the production system from the suppliers and to customers.
It should be noted that the types of waste include :
- Transport.
- Inventory.
- Motion.
- Waiting.
- Overproduction.
- Overprocessing.
- Defects.
- Unutilized talent.
Therefore, verifying and checking isn't an option.
<u>Complete question:</u>
The eight types of waste in lean manufacturing include all of the following except:
Transport and Inventory.
Motion and Waiting.
Overproduction and Overprocessing.
Defects and Unutilized talent.
Verifying and Checking.
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It is known as the automatic mechanism. It is quite recently a similar with regards to regarding the essential privileges of presence: It is just conceivable to take in the capacity of how to watch the fundamental privileges of presence in each circumstance, by intentionally rehearsing it as every now and again as could be expected under the circumstances. It is just when this has turned into an automatic system, that we have accomplished our goal.
Answer:
wages expense 1,900 debit
wages payables 1,900 credit
utilities expense 600 debit
utilities payables 600 credit
interest expense 200 debit
interest payable 200 credit
telephone expense 117 debit
telephone payable 117 credit
Explanation:
we record the adjusting entries considering their generate an expense which is being accrued therefore, also a payable account is generated.
interest calculations:
principal x rate x time = interest
30,000 x 0.08 x 1/12 = 200
