Answer:
The answer is letter A.
Explanation:
Designing research procedures that produce reliable marketing data means that others using the same procedure will get almost identical results.
Answer:
$234,606
Explanation:
actual replacement cost = $350,000
effective age = 20 years
total economic life = 65 years
years left = 65 - 20 = 45 years
curable items = $45,000 ⇒ effective age 15 years
value of the property using modified age-life basis = (replacement cost - curable items) x (effective age / total economic life)
= ($350,000 - $45,000) - (15 years / 65 years) = $305,000 - 23.08% = $234,606
Answer:
The correct answer is True.
Explanation:
This is because there are expenses such as taxes, rent, expenses, and payment for services that each person incurs throughout his or her life. In this way, we can deduce that at some point in your life, you will have to pay the same expenses that your family ever paid.
Have a nice day!
Answer:
The journal entry which is to be made for the June is shown below:
Explanation:
The journal entry which is to be made for the June is as:
Supplies expense A/c..................................Dr $3,500
Supplies A/c..........................................Cr $3,500
Being record the supplies which were used by the business during operations
The supplies expense is debited against the supplies accounts which were used by the business during June.
Working Note:
Amount = Purchased amount supplies - Inventory of supplies on hand
where
Purchased amount supplies is $4,500
Inventory of supplies on hand is $1,000
So,
Amount = $4,500 - $1,000
= $3,500
Answer:
A. Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. 31
Dr Factory labour $61,300
Cr Factory wages $61,300
Explanation:
Preparation of the Journal entries for Sunland Company
A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:
Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:
31
Dr Factory labour $61,300
Cr Factory wages $61,300
