When an entry is made in the general journal,
A. liability, capital, and revenue accounts should be indented.
B. asset accounts should be indented.
C. the first account entered should be indented.
D. the accounts to be credited should be indented.
Answer: D
You might also like to view...
Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed below. Next year the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $338,250. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $28 per hour and the company expects to manufacture 22,000 units of CC1 and 91,000 units of CC2 next year. DirectMaterialper UnitDirectLabor Dollarsper UnitCC1$37.10 $22.40 CC2$25.20 $15.40 Compute the plantwide overhead rate for next year.
A. $28.00 per DLH. B. $37.80 per DLH. C. $0.20 per DLH. D. $5.00 per DLH. E. $1.35 per DLH.
What is a common method of accessing short-term financing?
What will be an ideal response
A relation is in ________ if every non-primary key attribute is functionally dependent on the whole primary key
A) 1NF B) 2NF C) 3NF D) 4NF
The Data Interchange Standards Association (DISA) and the EDI for Administration, Commerce, and Transport (UN/EDIFACT) group were successful in developing a common set of international standards for electronic data interchange
a. True b. False Indicate whether the statement is true or false