Answer:
Debit to cost of goods sold and credit to factory overhead
Explanation:
Here we are interested in knowing the appropriate journal entry when the factory overhead is under applied.
What happens to the factory overhead journal in this case is that the we should have an adjusting journal entry.
The adjusting journal entry here is that we debit cost of goods sold and credit factory overhead
The perimeter is the total distance around the outside of a shape. In the case of a rectangle, opposite sides of the rectangle are equal. Here is a formula for finding the perimeter of a rectangle: P=2(l+w) or Perimeter = 2 × length + width
1.) Many American workers lost their jobs
2.) Uneducated laborers are now becoming unemployed
3.) An education is more necessary to get a job/be employed
Answer:
A. Dividend is paid to current shareholders.
Explanation:
This is simply said to be the aggregate amount of all current asset and also all current liability of an investment. It is used in measuring the short term liability of a business by subtracting the current liability from the current asset.
In some cases, it can be tagged a company’s current assets, such as cash, accounts receivable, inventories of goods etc. Many companies sum their's by calculating cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. This is why it is seen to decrease when dividend is paid to current shareholders.
Answer:
Annual percentage rate: 328.8%
effective rate: 1728%
Explanation:
APR: Annual Percentage Rate
as the month is monthly we must multiply by 12 to convert into annual
27.4 x 12 = 328.8%
<u>The effective rate will have into consideration the compounding effect:</u>
re = 1728%
