Answer:
the journal entry to record warranty expense is:
Dr Warranty expense 30,000
Cr Warranty liability 30,000
the journal entry to record actual expenses related to product warranties:
Dr Warranty liability 10,000
Cr Cash (or inventory, or wages payable) 10,000
Depending on what type of costs are incurred by the company, the account credited will vary, e.g. if units are replaced, then inventory must be credited, or if units are repaired and only labor is used, then wages payable or cash should be credited. Since the question doesn't give us a lot of details, I credited cash.
The scope of practice regulations for <u>Nurse Practitioners (NP)</u> should be reconsidered.
Across the states, there is substantial variation in the
scope of practice permitted to NP’s. Some states allow NP’s to provide care
independently without the need for physician collaboration or supervision, while
other states do not allow NP’s to do so. Thus there is a great need to align
the regulations set for NP’s.
<span>When a company is using double-entry accounting, the elements of a given ledger that must be equal are the debit and the credit. They should reflect the balance of the books. There should be an equal amount in the debit column and in the credit column.</span>
The FDIC stands for Federal Deposit Insurance Company.
By raising the limit on insured losses the FDIC helps stabilize the system by instilling confidence.
If the consumer knows that their savings accounts are protected up to $250,000 they will be encouraged to spend money during a time of crisis.
Because of the increased limit, there is less probability that there would be something called
"a run on the bank."
Answer:
$19.20
Explanation:
Computation for the unit product cost that would appear on the job cost sheet for this job.
First step is to compute the Total Product cost
Job 243
Direct material $ 51,870
Direct labor (435*11) 4,785
Overhead (516*13) 6,708
Total Product cost $63,363
Now let Compute the unit product cost
Unit product cost=$63,363/3,300 units
Unit product cost =$19.20
Therefore the unit product cost that would appear on the job cost sheet for this job is $19.20
