Business, 13.03.2020 22:43 ssalusso7914
In preparing closing entries
a. each revenue account will be credited.
b. each expense account will be credited.
c. the owner's capital account will be debited if there is the net income for the period.
d. the owner's drawings account will be debited.
Answers: 2
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Ashare stock is a small piece of ownership in a company ture or false
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Overspeculation and a decrease in consumer confidence are both leading factors of: ?
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Business, 22.06.2019 16:50
According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses
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Business, 22.06.2019 17:50
Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
Answers: 1
In preparing closing entries
a. each revenue account will be credited.
b. each expense...
a. each revenue account will be credited.
b. each expense...
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