Answer and Explanation:
The journal entry is shown below:
Overhead $4,700
Cost of goods sold $4,700
(Being overapplied overhead is closed)
Here the overhead is debited as it increased the expenses and credited the cost of goods sold as it decreased the expense
Answer:
Subtract vacancy and credit costs from potential gross income
Explanation:
Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.
It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.
EGI is used to determine the value of a rental property and the cash that the property generates.
Ken operates for a company that has many distinct departments, and there are vice presidents who oversee each department. Ken's company Decentralized is the type of association.
Decentralized
In the business world, the decentralization of movements consists of the separation into units in which each of these departments has a responsible and independent boss. This is the Oporto of centralization, which consists of the control of all actions by a single leader. Decentralization is a common technique that seeks to give more efficiency and control to the actions of a company.
To learn more about Decentralized organizations visit the link
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Answer:
decreases
increases
Explanation:
Nominal interest rate is real interest rate plus inflation rate. If nominal interest rate rises, people would prefer to save their money and so the demand for money would fall.
Real income is income adjusted for price level changes. The higher the real income,the higher the purchasing power, the higher the demand for money.
Hi there :-)
The answer is
A. In the left debits column
Hope it helps
