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Employees are paid every Saturday for the preceding work week. If a balance sheet is prepared on Wednesday, December 31st, what does the amount of wages earned during the first three days of the week (12/29, 12/30, 12/31) represent?
Explain. What journal entry would be made for the days worked and what entry would be made when the wages are paid on Saturday?
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Recommend a transfer price and describe your reasons for choosing that price and determining the transfer price.
Determine the five costs listed in the terms of their behavior: variable, step-variable, committed fixed, discretionary fixed, step-fixed, or semi variable. Show calculations to support your answers for mining labor/fringe benefits and royalties.
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Calculate the direct materials price and quantity variances fr the month Compute the direct labor rate and efficiency variances fir the month.
The land cost $40000. because the buyer has good credit and high interest rate on the note, the seller thinks the note's fiar market value will be $74,000. How much the gain seller can recognize?
question bennett corporation is authorized to issue 1000000 shares of 1 par value general stock in 2012. starting in
Prepare the necessary journal entry to update the allowance for doubtful accounts assuming that the balance prior to preparing the aging was a credit of $100,000.
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