The <span>amount of direct labor should Regan charge to work-in-process is the wages at base direct-labor rates, which is $325,000.00. Shift Differentials and Overtime Premiums are not included,</span>
Answer:
The correct options are<em> (B). Provide information about dissatisfied customers and the possibility of lost future sales and (D). Are usually recorded in separate contra-revenue accounts.</em>
<em />
<em>From the foregoing the Account Receivable should be credited with the full amount of the original sales transactions not debited as provided in option </em><em>"A." Represent a reduction of the customer's account receivable.</em>
Explanation:
<em>Sales Returns and Allowances is a contra-revenue account deducted from Sales</em>. When customers return goods for one unsatisfied reason or the other, adjustments are made to the sales account. Likewise, deductions to the original selling price are made when the customer accepts defective products.
<em>How to Record the Sales Return Transaction
</em>
<em>The following under-listed steps are to be taken to make the appropriate entries:</em>
- Debit sales returns and allowances by the selling price.
- Debit the appropriate tax liability account by the taxes collected on the original sale.
- Credit cash or accounts receivable by the full amount of the original sales transaction.
Answer:
box
Explanation:
because large box have a lot of space
Answer and Explanation:
Under the approval process, students need many types of resources from which they can get more and more knowledge in research, faculty advisors are provided to the research students to get those resources. Also with the help of the research mentor students gets additional resources. Some resources can be obtained in some special circumstances also from the IRB office.
