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2 years ago

Is rental income debit or credit

2 answers:

8 0

Rent Income is recorded by crediting the account. Cash is debited if cash is received. Rent Receivable is debited if it is to be collected at a later date.

yuradex [85]2 years ago

4 0

Answer:

Debit

Explanation:

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During the year, direct labor costs of $30,000 were incurred, manufacturing overhead totaled $42,000, materials purchased we

andriy [413]

Answer:

Total Manufacturing Cost = $96,347

Explanation:

Total manufacturing cost include all the costs related directly to the production, and does not include any indirect costs, or cost of selling and administration.

Thus, for the information provided we have,

Since not provided assumed no opening and closing inventory.

Total manufacturing cost =

Direct Labor Cost $30,000

Add: Manufacturing Overhead $42,000

Add: Materials Purchased $27,000

Less: Indirect Material included = ($2,653)

Total Manufacturing Cost = $96,347

4 0

3 years ago

Which of the following is NOT part of project controlling?A. using a feedback loop to revise the project plan B. close monitori

BartSMP [9]

Answer:

C. sequencing and allotting time to all project activities

Explanation:

This will be part of the Project schedulling phase on which the uhman and materials resources are allocate to complete the activities within the timeframe of the project.

Asinging time to the project activities is part of the project schedulling phase.

While within Project controlling are the activities that check how the project is going. It looks for deviation on the expected outcome and notifies to managment. It must ensure the quality, quantity and cost of the goals

6 0

3 years ago

The balance in Allowance for Doubtful Accounts will directly impact the end-of-period adjustment for bad debt expense when using

sergiy2304 [10]

Answer:

C

Explanation:

Because in the aging method, you firstly calculate the aging of the items. And then, in the end of the period, you build the Allowance for Doubtful Accounts estimating the collections that are hard to get the amount of money.

8 0

3 years ago

Functions of the economic commission for Africa.

timofeeve [1]

Answer:

The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.

4 0

3 years ago

Read 2 more answers

Countries that currently have low real GDPs per capita are destined to always have lower living standards than countries that cu

kap26 [50]

Answer:

The correct answer is the option: True.

Explanation:

To begin with, the GDP per capita is a monetary measure that establishes the value of the final goods and services produced in an economy divided by the total amount of citizens within that particular economy, therefore that it measures the amount of production that an individual inside that country produces.

Secondly, the living standards refers to the combination of factors that determinates the quality of life inside a certain economy, therefore that with higer level of living standards the life inside a country is better for most of the individuals within and lower living standards determinates that the life in a country is not so good as others. Moreover, this type of measure is affected by the GDPs per capita of the economy and therefore that a low GDPs per capita impacts in a low living standard and a high GDPs per capita determinates a high living standard.

5 0

3 years ago