During january, its first month of operations, knox company accumulated the following manufacturing costs: raw materials $4000 on account, factory labor $6000 of which $5200 relates to factory wages payable and $800 relates to payroll taxes payable and utilities payable $2000. prepare journal entries for each type of manufacturing cost.

The journal entries are as follows:

(a)  raw materials $4000 on account

Material inventory A/c   Dr.  $4,000

To Accounts payable A/c              $4,000

(b) Factory labor $6000 of which $5200 relates to factory wages payable and $800 relates to payroll taxes payable

Work in process A/c        Dr.   $6000

To Factory wages payable                         $5,200

To Payroll taxes payable                             $800

(c)  utilities payable $2000

Factory overhead A/c        Dr.   $2000

To Utilities payable                                 $2000

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

a

explanation:

reducti0n

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