Answer:
Letter C is correct. <u>Person by situation interaction.</u>
<u>Explanation:</u>
This is a cognitive process that occurs through the individual perspective of each human being. This implies that our behavior is not totally conditioned by an automatic response predetermined by any variables, but what determines our way of being and acting is the set of learnings, memories, thoughts and perceptions about certain situations as well. as the process of social interaction, which determines how the experiences and actions lived by an individual in society will actively influence their tastes, actions and perceptions about society in general.
Explanation:
The adjusting journal entry is presented below:
On September 30
Unearned ticket revenue A/c Dr $75,000
To Ticket revenue A/c $75,000
(Being the unearned ticked revenue is recorded)
The computation is shown below:
= Season tickets sale value × number of games ÷ given number of gains
= $200,000 × 3 games ÷ 8 games
= $75,000
Answer:
Flora Wholesalers:
The accounts of Flora Wholesalers that will have the same balance at the beginning of next year as they do presently on the adjusted trial balance are:
Assets:
Cash $4,200
Accounts receivable $300
Liabilities and Equity:
Accounts payable $1,100
H. Jones, Capital $4,400
Explanation:
a) Data and Analysis:
Adjusted Trial Balance
Account Debit Balance Credit Balance
Cash $4,200
Accounts receivable $300
Accounts payable $1,100
H. Jones, Capital $4,400
H. Jones, Drawing $900
Fees revenue $13,200
Advertising expense $8,100
Travel expense $4,200
Shipping expense $300
Computer
software expense $400
Assets:
Cash $4,200
Accounts receivable $300
Liabilities and Equity:
Accounts payable $1,100
H. Jones, Capital $4,400
b) The above assets, liabilities, and equity accounts will have the same balances at the beginning of next year as they do presently on the adjusted trial balance. They are called permanent accounts. Only the temporary accounts do change their balances from the adjusted trial balances to the opening balances. The only other account that is not included above is the Retained Earnings. This account is adjusted with the differences in the temporary accounts.
Answer:
Estimated indirect costs allocation rate= $14 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours= 23,000
Estimated indirect costs= $322,000.
To calculate the allocation rate, we need to use the following formula:
Estimated indirect costs allocation rate= total estimated indirect costs for the period/ total amount of allocation base
Estimated indirect costs allocation rate= 322,000/23,000
Estimated indirect costs allocation rate= $14 per direct labor hour
1 or 2 mmight be the right answers but please let me know if im wrong
