Farina Company requires advance payments with special orders for machinery constructed to customer specifications. These advances are nonrefundable Data for the year are: Customer advances                                                      6,800,000 Advances received with orders in 2021                         9,000,000 Advances applied to orders shipped in 2021                  8,700,000 Advances applicable to orders canceled in 2021             2,600,000 The December 31, 2021 balance sheet should report current liability for advances at?   A.) 4,500,000 B.) 4,400,000 C.) 7,100,000 D.) 6,400,000

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.