The last step in preparing a work sheet is to
a. prepare an adjusted trial
balance; b. prepare a trial balance; c. total the Income Statement and the Balance Sheet columns; d. journalize the adjusting entries; e. analyze the financial statements.
C
You might also like to view...
A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this transaction would include a:
A. Debit to Cash of $43,650, a debit to Factoring Fee Expense of $1350, and a credit to Accounts Receivable of $45,000. B. Debit to Cash of $45,000 and a credit to Accounts Receivable of $45,000. C. Debit to Cash of $45,000 and a credit to Notes Payable of $45,000. D. Debit to Cash of $45,000, a debit to Factoring Fee Expense of $1350, and a credit to Accounts Receivable of $43,650. E. Debit to Cash of $46,350 and a credit to Accounts Receivable of $46,350.
After resource leveling or smoothing one goal is that the amount of resources needed over the life of the project will be ________.
Fill in the blank(s) with the appropriate word(s).
Which author is the first to use the phrase ‘New Pay’ (where remuneration needs to be linked to business strategy and corporate objectives) in 1990?
a. Guest b. Lawler c. Rees d. Armstrong
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units ProducedInspection CostsApril 906? $16,312? May 951? $16,700? June 912? $16,365? July 896? $16,210? August 918? $16,394? September 903? $16,280? October 920? $16,432? November 860? $15,850? December 899? $16,238? Management believes that inspection cost is a mixed cost that depends on units produced.Using the high-low method, the estimate of the fixed component of inspection cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $16,220.00 B. $16,211.00 C. $7817.66 D. $15,851.00