subject
Business, 31.03.2020 00:20 Emptypockets451

Assuming a routine manufacturing activity, present journal entries (account titles only) for each of the following transactions: a. Purchased material on account. Description Debit Credit Answer Answer b. Recorded wages payable (for indirect labor) earned but not paid. Description Debit Credit Answer Answer c. Requisitioned both direct material and indirect material. Description Debit Credit Work in process inventory Answer Answer d. Assigned direct and indirect labor costs. Description Debit Credit Work in process inventory Answer Answer e. Recorded factory depreciation and accrued factory property tax. Description Debit Credit Answer Accumulated depreciation-factory Answer f. Applied manufacturing overhead to production. Description Debit Credit Answer Answer g. Completed work on products. Description Debit Credit Answer Answer h. Sold finished goods on account. Description Debit Credit Answer Answer To transfer cost to expense. Answer Answer To record sale of goods. i. Paid wages Description Debit Credit Answer Answer To pay wages earned.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:00
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
question
Business, 22.06.2019 12:30
Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.
Answers: 2
question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 19:00
What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4
Answers: 1
You know the right answer?
Assuming a routine manufacturing activity, present journal entries (account titles only) for each of...
Questions
question
Mathematics, 20.01.2020 01:31
question
Mathematics, 20.01.2020 01:31