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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- Please share an explanation with each journal entry. Also, please do not cut and paste answer from another question as some just did. If JE#1 is $30,000 entry, and the question states 10,000 entry please explain. Thank you.pok int ences M2-12 (Algo) Determining Missing Amounts [LO 2-5] Determine missing amounts to complete the following table: Required: ent.pdf ^ Case Actual MOH Applied MOH $ 106,500 $ 118,000 92,000 A B с D 154,000 Over/Underapplied Overapplied 280,800 Underapplied 141,500 Amount < Prev Saved 2,300 27,000 1 of 3 FL MacBook ProHadley Ltd. is authorized to issue questio n attavched in ss below thanks ntk42 yn4o yn5nyo
- 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 INA *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…of Airtnership Midterm Inbox (768)- jessaleabarrios@gr x Upload Documents for Free Acce x e/1FAlpQLSctM20fzOIEJA7oGJS1BlmgjYr2Q6OPF4-1C00695E8VXL-ag/viewform?hr_submission=ChklqlzPrh 31-40* Rules for the Distribution of Profits or Losses In January 2012, Nick Marasigan and Dems Asacta agreed to produce and sell chocolate candies, Marasigan contributed P2,400,000 in cash to the business. Asacta contributed the building and equipment, valued at P2,200,000 and P1,400,000, respectively. The partnership had profits of P840,000 during 2012 but was less successful during 2013. when profit was only P400,000. Required: 1. Prepare the journal entry to record the investment of both partners in the partnership. 2. Determine the share of profit for each partner in 2012 and 2013 under each of the following conditions: a. The partners agreed to share profit equally b. The partners failed to agree on a profit-sharing arrangement. The partners agreed to share profit according to the ratio of their…
- I have uploaded this qestion don't copy from Bartley..Please note the answer is NOT $40,800•¯¯¯**EF34 dentFunctions/Interface/acellus_engine.html?ClassID=1073315989 ip o 36 W S SE SE SO Days 1-3: $150 (initial balance) Days 4-20: $200 ($50 purchase) Days 21-30: $50 ($150 payment) ght © 2003-2023 International Academy of Science. All Rights Reserved. The balance on a credit card, that charges a 10.5% APR interest rate, over a 1 month period is given in the following table: finance charge = $ [?] Round to the nearest hundredth. 9 What is the finance charge, on the average daily balance, for this card over this 1 month period? MacBook Air W Enter 6 CDC Using Alternative Server CCome * CengageNOowv2 | Online teach x Update akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%3&inprogress%-false Amortize Premium by Interest Method Shunda Corporation wholesales parts to appliance manufacturers. On January 1, Shunda issued $30,000,000 of five-year, 10% bonds at a market (effective) interest rate of 8%, receiving cash of $32,433,150. Interest is payable semiannually. Shunda's fiscal year begins on January 1. The company uses the Interest method. a. Journalize the entries to record the following: 1. Sale of the bonds. Round to the nearest dollar. If an armount box does not require an entry, leave it blank. the nearest dollar. If an amount box does not require an entry, leave it blank. 2. First semiannual interest payment, including amortization of premium. Round 3. Second semiannual interest payment, including amortization of premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. b. Determine the bond…
- Write T if the statement is correct and F if the statement is incorrect. On the space provided, briefly explain using the concepts discussed why your answer to a statement is T or F. 3. A share certificate can be issued to those subscribers who partially paid their subscriptions.10:04 Assignment Details ATG-110-20A01: Financial Accounting (Session II Summer 2021) 7474 unread replies.7575 replies. Please read and respond to TIF 12-2 on page 623. Review the rubric to ensure you receive full points for this discussion. Discussion Rubric- 25 points(1)_(3).docx *After you have posted your answers, please reply to three other students' posts. This discussion board was set up so that you will not be able to see others replies until you post your own. Search entries or author Filter replies by unreadUnread Collapse replies TIF 12-2 Issuing Stock 1. ETHICS Lou Hoskins and Shirley Crothers are organizing Red Lodge Metals Unlimited Inc. to undertake a high-risk gold mining venture in Canada. Lou and Shirley tentatively plan to request authorization for 400,000,000 shares of common stock to be sold to the general public. Lou and Shirley have decided to establish par of $0.03 per share in order to appeal to a wide variety of potential investors. Lou and Shirley believe…-ment Exercise #2 Protected View. Saved V ces Mailings Review View Help viruses. Unless you need to edit, it's safer to stay in Protected View, - و R F4 2 % 5 T PE.01-04B-Income Statement Note: For the income statement problems below, it is assumed that "income taxes" do not apply. Fees earned Office expense Miscellaneous expense The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2019, follow: Wages expense Expenses: Prepare an income statement for the year ended August 31, 2019. A net loss should be entered as a negative amount. Sentinel Travel Service Income Statement For the Year Ended August 31, 2019 H Total expenses 19 6 Q Search Fo الة لاكل Y BOX H Search Enable Editing & 7 U 8 م -- $750,000 295,000 12,000 450,000 F9 ( 9 prt sc 110 O 0 DELL home 111 P end F12 ـالـــالـــالـات بالك I Insert = 1 . . . . delete backsp
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