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Travka [436]
2 years ago
10

Enter the December 31 adjustments in the following table for prepaid insurance, supplies, accrued wages, accrued revenue, and un

earned revenue. Then, complete the adjusted trial balance by entering the adjusted balance for each of the accounts.
Business
1 answer:
Marysya12 [62]2 years ago
8 0
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Entrepreneurship refers to new value creation and can include activities in major corporations.
dsp73
Entrepreneurship refers to new values creation and can include activities in major corporations. True. Hope I helped:)
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3 years ago
Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the
Ber [7]

Answer:

$1,000

Explanation:

We know that

Total cost = Fixed cost + Variable cost

From the data given, we can calculate the variable cost using the high-low technique.

Variable cost per unit

=\frac{Total cost at highest level-Total cost at lowest level }{Highest level - Lowest level} \\\\=\frac{16,000-10,000}{1,000-600 } \\

=$15

Lease cost = FC + $15(Machine hours)

Lease cost -$15(Machine hours) = FC

Case,

i) 800 machine hours,

FC = Lease cost - $15(Machine hours)

     = $16,000 -$15(1000) = $1,000

6 0
3 years ago
According to which rule or law, is the evidence obtained by violating a certain Amendment right of a citizen inadmissible in a c
Minchanka [31]

unreasonable searches and seizures is not admissible in: a criminal proceeding as evidence of guilt.

6 0
3 years ago
Read 2 more answers
Swift Company purchased a machine on January 1, 2010, for $500,000. At the date of acquisition, the machine had an estimated use
zalisa [80]

Answer:

Swift Company should charge depreciation expense of $55,556 to income statement for the year ended December 31, 2013.

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($500,000 - 0) / 6 years = $83,333 yearly depreciation expense.

Accumulated depreciation as at end of 20212 = $83,333 x 2 = $166,667

Net book value (NBV) becomes $500,000 - $166,667 = $333,333

New depreciation is ($333,333 - $0) / 6 years = $55,556 yearly depreciation expenses from 2013 onward.

3 0
4 years ago
Which legal doctrine allows the use of copyrighted works for purposes that benefit the public, such as teaching and news reporti
never [62]

The legal doctrine that allows for the usage of copyrighted works for certain purposes is known as the <u>"Fair Use" doctrine.</u>

<h3>The "Fair Use" doctrine</h3>
  • Became federal law by the passing of the Copyright Act of 1976.
  • Allows for usage of copyrighted material for teaching, news reporting, and research among others.

This means that when copyrighted work needs to be used in areas covered by this doctrine, the users do not have to ask for permission from the owners of the work.

In conclusion, this is The "Fair Use" doctrine.

Find out more on The "Fair Use" doctrine at brainly.com/question/1268530.

5 0
3 years ago
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