1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
weqwewe [10]
3 years ago
13

Journalizing Adjusting Entries Journalize the following adjusting entries in the general journal below.

Business
1 answer:
Zarrin [17]3 years ago
7 0

Answer:

See below

Explanation:

1. Supply expense.                   700

       Supplies inventory.                        700

2. Insurance expense.              650

        Prepaid insurance.                         650

3. Depreciation expense.          200

        Accumulated Depreciation.           200

4. Wages expense.                    100

         Wages payable.                             100

You might be interested in
In a barter system, a baker is MOST LIKELY to A) earn money from creating bread. B) buy wheat from a farmer. C) sell bread to a
Archy [21]

Barter means exchange since there was no currency back then so the answer  would be D.

3 0
3 years ago
Read 2 more answers
The predetermined manufacturing overhead rate for the year was 140% of direct labor cost; employees were paid $17.50 per hour. I
Aleks04 [339]

Answer:

D. $ 367.500

Explanation:

We have to first compute the total direct labor cost. This is done by multiplying the estimated direct labor hours with the hourly rate.

Total Direct Labour costs $ 17.50 per hour * 15,000 hours  =  $ 262,500

Estimated manufacturing overhead per the data in the question is 140 % of Direct labor cost,

Estimated manufacturing overhead is $ 262,500 * 140 % = $ 367,500

5 0
3 years ago
The first term of an arithmetic sequence is 10 and its common difference is
-Dominant- [34]

Answer:

The first term of an arithmetic sequence is 10 and its common difference is

negative seven.  What is the fourth term of the sequence?

The fourth term is -11

Explanation:

a.p= a1 + (n-1)d

a.p= 10+ (4-1) -7

a.p= 10 + (3) -7

a.p= 10 - 21

= -11

a1= first term

n= nth term

d= difference

3 0
3 years ago
Cash investments made by the owner to the business are reported on the statement of cash flows in the
Julli [10]

Answer:

d. financing activities section

Explanation:

cash investment made by the owner and their withdrawals will be in the financing activities section

On the financing activities, the accounting does a detail ofthe origin of funds which paid for the assets. These funds could be from owners or lenders.

Therefore, the equity transactions are included in the financing activities sections

From the owner point of view, it is an investment. But, we must remember that the owner and te company are different entities. For the company it is financiation

6 0
3 years ago
Which of the following will always be a relevant cost? Select one: a. Sunk cost b. Fixed cost c. Variable cost d. Opportunity co
Vsevolod [243]

Answer: Fixed Cost

Explanation: Fixed cost will always be a relevant cost because a business must incur fixed cost during the course of the business.

Fixed cost are cost that are not depended on sales or activity level of the organisation and they are incurred in as much as the business is operational.

Examples of fixed costs are:

Utilities, salaries, rent, depreciation etc.

Fixed costs has a high influence on the profit/ loss of any organisation.

3 0
3 years ago
Other questions:
  • A statistic is said to be unbiased if:
    12·1 answer
  • Which of the following can explain the upward slope of the short-run aggregate supply curve? a. nominal wages are slow to adjust
    13·1 answer
  • People who buy bonds are called?<br> A.Debtors<br> B.owners<br> C.Creditors<br> D.consumers
    9·1 answer
  • FedEx Corp. stock ended the previous year at $113.39 per share. It paid a $0.40 per share dividend last year. It ended last year
    5·1 answer
  • makes handheld calculators in two​ models: basic and professional. Aragon estimated $ 819 comma 500 of manufacturing overhead an
    13·1 answer
  • Roland becomes ill so he signs and gives his daughter a document authorizing her to manage all of his affairs should he become i
    5·1 answer
  • If the Netherlands enjoys comparative advantage in the production of dairy products, it implies that the opportunity cost of pro
    5·1 answer
  • If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
    10·1 answer
  • Cazenovia is in the midst of a bad? recession, and its Congress has placed economic recovery at the top of its political agenda.
    6·1 answer
  • During its first year in business, Comfy Home accounted for its inventory using the last in first out (LIFO) method. In the seco
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!