Answer:
The amount of overhead that Lowden should be recorded in the current period = 165% * $74,000 = $122,100
Explanation:
I believe the correct word to fill in the blank is:
“Annually”
Forms which are used in medical practice and the
accompanying medical codes used must always be updated annually to make sure
that they are accurate and precise with regards to the latest practice in the
medical field. This is extremely important especially that we are dealing with
life and death.
Answer:
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Explanation:
Answer:
A growing company may not be earning any profits yet, but may nevertheless provide a great investment opportunity.
Other times, a lack of profitability can be a huge red flag that something is wrong with the firm.
Explanation:
Answer:
A. Debit Cash $8,614; credit Dividend Revenue $8,614.
Explanation:
The journal entry for recording the dividend as on April 15 is shown below:
On April 15
Cash Dr (7,300 shares × $1.18 per share) $8,614
To Dividend revenue $8,614
(Being the dividend is recorded)
For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased
Therefore the correct option is A.