Yes it is correct the chart is increasing
Answer and Explanation:
The adjusting entries are shown below
1. Accrued wages expenses
Wages expense Dr XXXXX
To Wages payable XXXXX
(Being the accrued wages is recorded)
For recording this we debited the wages expense as it increased the expense and credited the wages payable as it also increased the liabilities
2. Accrued utilities expenses
Utilities expense Dr XXXXX
To Account payable XXXXX
(Being the accrued utilities expense is recorded)
For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities
3. For adjusting the unearned service revenue
Unearned service revenue Dr XXXXX
To Service revenue XXXXX
(Being the unearned service revenue is recorded)
For recording this we debited the unearned service revenue as it decreased the liability and credited the service revenue as it increased the revenue
Answer: Appreciate
Explanation:
When a country increases interest rates, it will lead to an appreciation in currency. This is because there will be more demand for the currency of the country because people will want to take advantage of the higher interest rates and make a gain.
As the demand for the currency increases but the supply stays the same, the value of the currency will appreciate.
With Australia taking up their interest rates, their dollar will appreciate in value.
Answer:
3,520= direct labor
Explanation:
Giving the following information:
Bacon Ben, has the following costs to produce 1,000 units:
$9,600 direct materials
$1,920 in advertising costs
$960 plant manager salary
$640 salaries for factory maintenance
To calculate the direct labor cost we need to use the following formula:
Total manufactured cost= direct materials + direct labor + allocated manufacturing overhead
Total manufactured cost= 1,000*14.72= $14,720
Direct material=9,600
Overhead= plant manager salary + salaries for factory maintenance
Overhead= 960 + 640= 1,600
14,720= 9,600 + direct labor + 1,600
3,520= direct labor
Answer:
The correct answer is B. result from the political bias toward immediate benefits and deferred costs.
Explanation:
While many people run hysterically on the streets begging politicians to act in the face of the threat of climate change, many people, young and old, may be demanding the same type of action, but to fix the unfunded passive systems.
By extending eligibility and increasing the benefits of a pay-per-use system while at the same time having fewer children to finance it, previous generations have left a fearsome financial obligation. Either taxes will increase dramatically for tomorrow's workers, lowering their standard of living, or benefits will fall for tomorrow's retirees, lowering their standard of living. A group will feel very angry.
These problems were anticipated even when politicians were raising payments, but each elected government simply kicked the can and allowed things to continue as usual.
Social security systems and pension funds are actuarially not funded systems. There is no obligation for this generation to have children at the same rate as previous generations. Therefore, when those born in the 1950s reach retirement age in the next century, their stipends will feel more like a burden due to the ranks of non-active members of society that will depend on their contributions to live.
