Business, 28.01.2020 06:31 maddy3lizabeth
On august 1, year 1 gomez company borrowed $48,000 cash. the one-year note carried a 5% rate of interest. which of the following shows how the december 31, year 1 recognition of accrued interest will effect gomez’s ledger accounts?
a) interest payable (2400), retained earnings (2400).b) cash (2400), retained earnings (2400).c) interest payable (1400), retained earnings (1400).d) interest payable +1000, retained earnings (1000).
Answers: 3
Business, 21.06.2019 14:00
Jagjit company designs and builds retaining walls for individual customers. on august 1, there were two jobs in process: job 93 with a beginning balance of $8,650, and job 94 with a beginning balance of $7,270. jagjit applies overhead at the rate of $9 per direct labor hour. direct labor wages average $16 per hour. data on august costs for all jobs are as follows:
Answers: 3
Business, 21.06.2019 21:20
Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.
Answers: 3
Business, 21.06.2019 21:50
Discuss how the resource-based view (rbv) of the firm combines the two perspectives of (1) an internal analysis of a firm and (2) an external analysis of its industry and its competitive environment. include comments on the different types of firm resources and how these resources can be used by a firm to build sustainable competitive advantages.
Answers: 3
Business, 22.06.2019 08:00
Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate
Answers: 2
On august 1, year 1 gomez company borrowed $48,000 cash. the one-year note carried a 5% rate of inte...
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