Answer:
C ) As demand increases,price increases
Answer:
Cash A/c Dr $15,000
To Notes payable A/c $15,000
(Being the bank borrowing through a note payable is recorded)
Explanation:
The journal entry is shown below:
Cash A/c Dr $15,000
To Notes payable A/c $15,000
(Being the bank borrowing through a note payable is recorded)
This transaction increases the cash balance so the cash account should be debited and the note payable account should be credited as it creates a liability which is to be reflected in the balance sheet
Answer:
The amount of the manufacturing overhead costs is $314,000
Explanation:
The computation of the manufacturing overhead cost is shown below:
= Indirect Labor + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance
= $18,000 + $24,000 + $272,000
= $314,000
The manufacturing overhead cost includes only indirect costs other than direct costs like direct labor, direct material, etc. Because of this, we do not considered it
Answer:
correct option is B. 315: 0
Explanation:
given data
existing share = 300 shares
stock dividend = 5%
to find out
number of shares you own will change and total wealth will increase by
solution
we get here new no of share that is express as
new no of share = existing share + ( stock dividend × existing share ) ...........1
put here value we get
new no of share = 300 + ( 5% ×300 )
new no of share = 300 + 15
new no of share = 315
and
stock dividend is not increase either company wealth or the stockholder wealth
so no of share increase with decrease per share
so that there is no change in wealth
so correct option is B. 315: 0
First, we should know the definition of the information management. Information management is the management of information from the particular sources and then the distribution of that information to a particular person or audience. So the goal of information management is to make organization to be able to collect, manage, store and deliver correct information to the correct audience.
