When MOH is overapplied, COGS must [Select] [Select] Journal Excerpt [Select] account, so complete the following journal entry. [Select] Assume that the entirety of MOH is closed out to COGS. COGS is a(n) $300,000 $300,000
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![When MOH is overapplied, COGS must [Select]
[Select]
Journal Excerpt
[Select]
account, so complete the following journal entry.
[Select]
Assume that the entirety of MOH is closed out to COGS.
. COGS is a(n)
$300,000
$300,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb6087bb7-78b5-4684-8462-8769f9c8c6a2%2F7d3bfbbc-6abd-4f58-990b-405a44c9afd5%2Ftf8tug_processed.jpeg&w=3840&q=75)
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- What is the amount of the total paid-in capital? What makes up this amount?Assignments: Corp Fin Reprtn x Question 8 - E&P Set #5 (Revie x M Inbox (1,094) ep6778a@stud x M (no subject) - ellse.patipev o.mheducation.com/ext/map/index.html?_con3Dcon&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252F... Review) i Не On August 1, 2021, Limbaugh Communications issued $30 million of 10% nonconvertible bonds at 104. The bonds are due on July 31, 2041. Each $1,000 bond was issued with 20 detachable stock warrants, each of which entitled the bondholder to purchase, for $60, one share of Limbaugh Communications' no par common stock. Interstate Containers purchased 20% of the bond issue. On August 1, 2021, the market value of the common stock was $58 per share and the market value of each warrant was $8. In February 2032, when Limbaugh's common stock had a market price of $72 per share and the unamortized discount balance was $1 million, Interstate Containers exercised the warrants it held. Required: 1. Prepare the journal entries on August 1,…A *TUTORIAL 12 (LAST!).pdf O File | C:/Users/Liew%20Pui%20Hin/Downloads/TUTORIAL%2012%20(LAST!!!).pdf Not syncing (D Page view A Read aloud V Draw F Highlight 3 of 4 Erase 3. The following details taken from the books of DiDi Sdn Bhd for the year ending 31 December 2020. DİDİ Sdn Bhd Statement Profit or Loss for the year ending 31 December 2020 (extract) RM RM Gross profit Add : Discount received 44,700 410 Profit on sale of van 620 1.030 45,730 Less: Expenses Motor expenses Wages General expenses 1,940 17,200 830 Bad debts 520 Increase in allowance for doubtful debts 200 Depreciation : van 1.800 22.490 23,240 Statement of Financial Position as at 31 December 2019 2020 RM RM RM RM Non-current Assets 8,200 (3.100) 5,100 Vans at cost 15,400 (5.300) 10,100 less Depreciation Current Assets Inventory Trade accounts receivables less 18,600 8,200 24,000 6,900 provision* Bank 410 720 27,210 37,310 31,620 36,720 Financed by : Capital account : Opening balance Add : Net Profit 17,210 21.200…
- CengageNOWv2| Online teachin X m/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator=&inprogress=false ☆ 国。 Paused Calculator EPrint Item Alfredo Company purchased a new 3-0 printer for $960,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become old quickly, and so they plan to replace this printer in three years. At that point, Alfredo believes it will be able to sell the printer for $10,000. Calculate yearly depreciation using the double-declining-balance method. Round final answers to nearest whole dollar amount. Year 1 Year 2 Year 3 Y Check My Work The double-declining balance uses 'double' the straight-line rate for depreciation. The 'base' that is used to apply that rate is the book value of the asset (determined by subtracting the balance in the accumulated depreciation account from the original cost of the asset). *** Previous Next Check My Work Save and Exit Submit Assignment for Grading All work saved.…Qw.142Purchase InvoiceFrom Repair Experts, $875 plus HST, for maintenance and repairs to the company’s equipment. what is journal?
- Central Valley Construction (CVC) purchased $80,000 of sheet metal fabricating equipment from Buffalo Supply on January 1, 20X1. CVC paid $15,000 cash and signed a five-year, 10% note for the remaining $65,000 of the purchase price. The note specifies that payments of $13,000 plus interest be made each year on the loan's anniversary date. CVC made the required January 1, 20X2, payment but was unable to make the second payment on January 1, 20X3, because of a downturn in the construction industry. At this time, CVC owed Buffalo Supply $52,000 plus $5,200 interest that had been accrued by both companies. Rather than write off the note and repossess the equipment, Buffalo Supply agreed to restructure the loan as one payment of $50,000 on January 1, 20X5, to satisfy the Page 9-40 restructured note.I cannot figure out what else to fill in the blank spaces. All of the answers are wrongNeed a worksheet in excel form add interest expense - of 167.00 please.
- M Inbox (909) - camillejeunei @gm i General (BSA 1-1: FAR 2) | Micro O FAR 2 LONG QUIZ /Pages/ResponsePage.aspx?id3DcYWpTercOUiPsQvdXclp-WXyu19p0dpLjDbGCXgjKqpURFVGNzZDSzZDWUhSWkRNTUoxTjBXNzhF The net income from January 1 to September 30, 2019 is P44,000. Also, on this date, cash and liabilities are P40,000 and P90,000, respectively. For Romans to receive P55,200 in full settlement of his interest in the firm, how much must be realized from the sale of the firm's non-cash assets? * Corinthians and Galatians decide to dissolve the partnership on September 30, 2021. neir capital balances and profit ratio on this date, follow: Capital Balances Profit Ratio Romans P50,000 40% Corinthians 60,000 Galatians 20,000 30% P196,000 P177,000 P193,000 国 INConne X + meducation.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Fmybsc.bryantstratton.edu%252Fwe - Connect Assignment 1 i Saved F Required information [The following information applies to the questions displayed below.] Following are the transactions of a new company called Pose-for-Pics. August 1 M. Harris, the owner, invested $14,500 cash and $62,350 of photography equipment in the company. August 2 The company paid $4,000 cash for an insurance policy covering the next 24 months. August 5 The company purchased supplies for $2,755 cash. August 20 The company received $2,950 cash from taking photos for customers. August 31 The company paid $885 cash for August utilities. Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from above transaction ledger account for cash. ces 101: Cash Date Debit Credit Balance of 10 www www Next > ( Rain off and on re to search ins O 4 R 15 % 5 T 40 6 O Y 17 < Prev…o.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnec gnment i Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,460 in assets to launch the business. On December 31, the company's records show the following items and amounts. Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $ 6,650 Cash withdrawals by owner 18,650 Consulting revenue 4,640 Rent expense 46,000 Salaries expense 19,560 Telephone expense 9,890 Miscellaneous expenses 85,460 Exercise 1-20 (Algo) Preparing a balance sheet LO P2 $ Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet 0 $ $ 3,490 18,650 4,920 8,500 $ 0 890 700 0 Saved < Prev 9 10 of 10 Next C
