$342,000
Regardless if the amount of supplies has not been paid or not, it is still accounted for in the balance sheet. You would have a debit of 342,000 for supplies, credit of supplies payable of 240,000 and a credit to cash for 102,000 assuming that the difference between both amounts was paid for with cash.
Answer:
right to <u>the consumer</u>.
Explanation:
According to the customer bill of rights, in this doctrine the consumers' enthusiasm should obtain adequate and compassionate deliberation in the formulation of the government strategy is identified as the right to<u> the consumer</u>. Proceeding from March 15 the year 1962, President John F. Kennedy portrayed a conversation to the Congress of the US in which the president extolled 4 fundamental customer powers, following described as Consumer Bill of Rights. The UN by the UN guide-manual for Consumer Protection extended those into 8 equities, and consequently, Consumers International affirmed those equities as law and began identifying on 15 of the March as World Consumer Rights.
Answer:
Hale’s total expenses in calculating operating income is $57000
Explanation:
Operating income represents profit realized in carrying out Hale Company primary activities
Only expenses incurred in are considered in calculation of Hale`s Operating Income
<em>Cost of Sales</em>
Cost of goods sold 22200
<em>Administration</em>
Rent expenses for store 18000
Depreciation 8000
<em>Selling and distribution expenses</em>
Advertising 8800
Total Expenses 57000
Answer:
Pension Expense = EBE = $593440 for income statement
Explanation:
The opening balance of the Plan asset is made by the 40000 from 2018 plus interest of 32000 and the new 400000 made this year. Why include it? Because an opening balance are the funds in an account at the beginning of the year either from last year or are from current year but should be the first entry in the books of the current year.
DBO plan asset EBE
opening balance (600000) 832000 -
interest ( 60000) 66560 6560
current year's service cost (600000) (600000)
( 1260000 ) 898560 <u> 593440</u>
balance sheet liability = 361440
Answer:
Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.
Explanation:
A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.
Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.