The average number of jobs in the work center for the jobs listed in the following table under the FCFS (first come, first served) rule is ______.
A. 3.5
B. 2.1
C. 3.23
D. 2.79
D. 2.79
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When a company receives an order, a transaction has occurred
Indicate whether the statement is true or false
The statement of cash flows will show ________.
Trinity Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2018: The beginning balance in the Cash account was $2900. Net cash provided by operating activities: $40,000 Net cash used for investing activities: $(25,500) Net cash provided by financing activities: $1700 A) ending cash of $16,200 B) net cash provided by operating activities $42,900 C) net cash provided by investing and financing activities $(23,800) D) ending cash of $19,100
The bookkeeper recorded a payment by check for the purchase of store supplies as a debit to Store Supplies and a credit to Cash for $1,340.56 . The check was recorded by the bank at its correct amount of $3,140.56 . Prior to the preparation of the bank reconciliation, the error would cause:
a. the trial balance to be out of balance. b. the Accounts Payable account to be understated. c. the Cash account to be understated. d. the Store Supplies account to be overstated. e. a possibility that the checking account might become overdrawn.
Concise messages
a. are brief and to the point b. are filled with redundancies c. use empty phrases to make the message the appropriate length d. all the above