6. ? Use the indirect proof method to create a proof for the following argument. (P.Q) v (R.S) (PR) (QS) 1. 2. 3. 2 VD ||| UW /S A B U V W X Y Z C D E F G H I J K L M N O P Q R S T Delete 5 item attempts remaining
Journal Entries for Accounts and Notes Payable Logan Company had the following transactions: Required a. Record these transactions in general journal form. b. Record any adjusting entries for interest in general journal form. Logan Company has a December 31 year-end. Round answers to nearest dollar. Use 360 days for interest calculations. Apr. 8 Issued a $8,800, 75-day, 8% note payable in payment of an account with Bennett Company. May 15 Borrowed $40,000, 60-day, 9% note from Lincoln Bank. Jun. 22 Paid Bennett Company the principal and interest due on the April 8 note payable. Jul. 6 Purchased $16,000 of merchandise from Bolton Company; signed a note for 90-day, 10% interest. Jul. 14 Paid the May 15 note due Lincoln Bank. Oct. 2 Borrowed $28,000, 120-day, 12% note from Lincoln Bank. Oct. 4 Defaulted on the note payable to Bolton Company.
january 1 purchased equipment for $43,000 cash. Estimated useful life is six years and salvage value is $10,320 January 2 paid $8,600 cash to install automated controls on equipment. this betterment did not impact useful life or salvage value august 15 paid $340 cash for minor repair costs to equipment
Kara categorized her spending for this month into four categories: Rent, Food, Fun, and Other. The amounts she spent in each category are pictured here. Food $356 Other $533 Rent $444 Fun $267 What percent of her total spending did she spend on Food? Answer to the nearest whole percent. Enter an integer or decimal number [more..]
Inventory in merchandising business refers to products that the company purchases and resells. If you have an opportunity to open a merchandising business that purchases and resells finished goods inventory, what type of products would you sell? For the products you are selling, what inventory cost flow assumption (FIFO, LIFO, Weighted-Average, or Specific Identification methods) will you use? Why is that?
X-treme bubbles have 11 percent of the global chewing gum market, worth $19 billion What are its total sales per year expressed in dollars? 50 Points/Please give a real answer only else will have to report the account. Thank you.
An FHA loan made last year may be assumed: -only by a buyer who intends to occupy the property -only by a buyer who intends to occupy the property as a primary residence -only by a buyer who has had an FHA loan before -by any buyer, regardless of whether he intends to occupy the property
The scatter plot shows the relationship between the number of years an employee has worked and the annual salary of that employee.
Boothe Company has sales of $1,690,000 on 67,600 units. Variable cost of $1,014,000 and fixed costs totaled $549,000. Before Booth Company had the chance to implement usage of the new raw material, new industry specifications were announced and result in the following changes for Booth Company. Variable Costs will increase by 15% per unit and fixed costs will increase by $48,000. Management feel that $3 per unit price increase is needed to accommodate the cost increases. However, this will result in a 10% decrease in unit sold. Prepare a CVP Income Statement assuming these changes have been made.
1. List some of the tools that organizations can use to make the most of its diverse workforce. 2. define the term diversity in todays context. 3. explain the different types of organizations that result from prevailing assumptions about people and cultures. compare and contrast how minorities are treated in each case
Derrald Company manufactures snowboards. Estimated costs for Year 1 were as follows: Direct labor........................................................................................... $31,000 Bonuses paid to factory supervisors.................................................... 9,000 Interest expense..................................................................................... 32,000 Depreciation on manufacturing equipment..................................... 18,000 Indirect labor.......................................................................................... 11,000 Direct materials...................................................................................... 36,000 Income tax expense.............................................................................. 26,000 Indirect materials................................................................................... 14,000 Property taxes on the corporate office building............................... 18,000 Estimated direct labor hours were 40,000. Actual data for Year 1 are as follows: Total manufacturing overhead: $120,000 Direct labor hours: 60,000 hours The predetermined manufacturing overhead rate is determined on the basis of direct labor hours. Which ONE of the following statements is TRUE? Applied overhead was LESS than actual overhead by $42,000 Applied overhead was MORE than actual overhead by $68,000 Applied overhead was LESS than actual overhead by $22,000 Applied overhead was MORE than actual overhead by $52,000 Applied overhead was MORE than actual overhead by $22,000 Applied overhead was MORE than actual overhead by $42,000 Applied overhead was LESS than actual overhead by $52,000 Applied overhead was LESS than actual overhead by $68,000
