Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 10, 2024

f the inventory shows an actual count of $ 360 and the perpetual inventory according to the records shows $ 410 the adjusting entry for

f the inventory shows an actual count of

$ 360

and the perpetual inventory according to the records shows

$ 410

the adjusting entry for the

$ 50

would be:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting

Authors: Edward J. Vanderbeck

15th Edition

978-0840037039, 0840037031

More Books

Students also viewed these Accounting questions

Question

★★★★★

Jenny Jenks has researched the financial pros and cons of entering into an elite MBA program at her state university. The tuition and needed books for a masters program will have an upfront cost of...

Answered: 1 week ago

Question

★★★★★

The wheels attached to the ends of rod AB roll along the surfaces shown. Using the method of Section 15.4 B, derive an expression for the angular velocity of the rod in terms of vB , Î¸,...

Answered: 1 week ago

Question

★★★★★

36. Let X be uniformly distributed on [0, 1]. Find a linear function Y g(X) such that the interval [0, 1] is transformed into [5, 5]. Use the relationship for linear functions MaX b(t) ebtMX(at)...

Answered: 1 week ago

Question

★★★★★

First Bank has some question as to the tax-free nature of $5 million of its municipal bond portfolio. This amount is excluded from First Bank's taxable income of $55 million. Management has...

Answered: 1 week ago

Question

★★★★★

The following information is available for OPQ Inc. OPQs net income for the year ended December 31, 2013 was $5,800,000. OPQs tax rate is 30%. There were 1,000,000 common shares outstanding on...

Answered: 1 week ago

Question

★★★★★

Sanchez and Santos had the following transactions during the past year involving the purchase and sale of treasury stock. July 14 Purchased 4,000 shares of its own $12 par common stock for $15 per...

Answered: 1 week ago

Question

★★★★★

A diamond producer kept sample data on the starting inventory level of diamonds and the number of days such inventory level is observed: Inventory 0 Level 1 2 3 4 5 9 7 8 Number of 25 45 60 75 80 50...

Answered: 1 week ago

Question

★★★★★

Your company is scheduled for a facility security clearance (FCL) inspection. You must determine if the company should pay for a pre-inspection audit by a 3rd party. Of those companies that have...

Answered: 1 week ago

Question

★★★★★

Pre Pour Inspections include: Group of answer choices B. Rebar- material type, size, spacing, tie down, clearances C. Anchor Bolts- Projection, dimensionally square, nut on bottom secured, proper...

Answered: 1 week ago

Question

★★★★★

Alyssa launched her new shaver as being revolutionary, innovative, and unisex. Instead her brand is being purported as very feminine and too close to the Schick Shaver. What should Alyssa start to do?

Answered: 1 week ago

Question

★★★★★

A roofer is working to cover a 2,500squarefoot roof. He must first install rafters, then sheathing, then felt, and finally shingles. He assumes the previous tasks compose 35%, 20%, 15%, and 30% of...

Answered: 1 week ago

Question

★★★★★

Analyse the various techniques of training and learning.

Answered: 1 week ago

Question

★★★★★

Understand the role of human resources in creating an effective working environment.

Answered: 1 week ago

Question

★★★★★

Describe the various actions that employers can take to encourage participation and involvement, which will encourage high rates of employee engagement.

Answered: 1 week ago

Previous Question Next Question