Answer: d. Cross train the employees in the meat department, so beef cutters can learn how to cut pork and vice versa.
Explanation:
Since the quality of Tommy’s work has not suffered, but the store managers can tell that he is getting bored, the thing that could be done to keep him better engaged is to cross train the employees in the meat department, so beef cutters can learn how to cut pork and vice versa. Cross training helps the workers in the company appreciate the workers of others in other department and shows workers flexibility.
Answer:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
Explanation:
Preparation of What adjusting Journal entry should the company make at the end of the current year to record its estimated bad debts expense
Based on the information given the adjusting Journal entry that the company should make at the end of the current year to record its estimated bad debts expense will be:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
(Net Sales 2,200,000*Estimated 2.0% of net sales)
(Being to record estimated bad debts expense)
Answer:
a. No journal entry required.
Explanation:
a. No journal entry required.
b. No journal entry required.
c. DR - Rent Expense - $20
CR - Cash - $20
d. Cash (DR) 7,955
DR - Collection expense - $45
CR - Notes Receivable - $8,000
e. DR - Accounts Receivable-E. Shaw - $ 805
CR - Cash - $805
f. DR - Misc Expenses - $25
CR - Cash - $25
g. No journal entry required.
i. No journal entry required.
Explanation:
The preparation of the Assets section is shown below:-
Alpha Dog Company
Adjusted Trial Balance
December 31, 2016
Particulars Assets
Cash $88,450
Accounts Receivable $150,000
Supplies $29,255
Total current assets $179,255
Fixed Assets
Equipment $295,285
Accumulated Depreciation -$238,760 $56,525
Stock Investment $172,000
Total Fixed assets $228,525
Total Assets $407,780
Total Assets = Total current assets + Total fixed assets
Answer:
D $302, 250
Explanation:
The computation of the total amount paid is shown below;
Total amount paid = Face value + accrued interest
= $300,000 + $300,000 × 3% × 3 months ÷ 12 months
= $302,250
hence, the total amount paid is $302,250
Therefore the correct option is d.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
