Federer Corporation had $12,400 of supplies on hand at January 1. During the year, supplies with a cost of $24,000 were purchased. At December 31, the actual supplies on hand amount to $8,000. After the adjustments are recorded and posted at December 31, determine the balances in the Supplies and Supplies Expense accounts. Supplies Supplies Expense
A) $12,400 $4,400
B) $8,000 $28,400
C) $12,400 $24,000
D) $24,000 $12,400
B
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Corporate restructuring strategies
A. focus on crafting initiatives to restore a diversified company's money-losing businesses to profitability. B. involve making major changes in a diversified company's business lineup, divesting some businesses and/or acquiring others, so as to put a whole new face on the company's business lineup. C. entail reducing the scope of diversification to a smaller number of businesses. D. focus on broadening the scope of diversification to include a larger number of businesses and boosting the company's growth and profitability. E. entail selling off marginal businesses to free up resources for redeployment to the remaining businesses.
In the VALS framework, consumers whose energy finds outlets in exercise, sports, outdoor recreation, and social activities are referred to as ________.
A. Experiencers B. Strivers C. Achievers D. Makers E. Believers
A ______ provides the maximum, minimum, and midpoint of pay for a certain group of jobs.
A. rate range B. pay structure C. wage compression D. minimum wage
Satisfaction of an accord discharges ________.
A. only the accord B. only the original contract C. both the accord and the original contract D. neither the accord nor the original contract if it is without a novation