A $190 credit item is posted as a debit. The trial balance column totals therefore will differ by
a. $380.
b. $760.
c. $190.
d. $0.
A
You might also like to view...
Answer the following statements true (T) or false (F)
1.Flaming is an outgrowth of one person’s perception that both parties are equally fair in their treatment. 2.Flaming is related to bullying. 3.The “bowling alone” syndrome is characterized by an overabundance of in-person socializing. 4.Ghosting can usually be a welcome relief to the person who is ghosted. 5.Synchronous communication allows people with a conflict to interact while avoiding the shouting match that would likely take place if they were in the same room.
Marlow Company purchased a point of sale system on January 1 for $7100. This system has a useful life of 5 years and a salvage value of $1250. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?
A. $1170. B. $1640. C. $1704. D. $2840. E. $2340.
Most bonds issued today are registered bonds rather than coupon bonds
Indicate whether the statement is true or false
[The following information applies to the questions displayed below.]Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year's expected costs and activities are shown below. MixingBakingDirect labor hours 400,000DLH 80,000DLHMachine hours 800,000MH 800,000MHOverhead costs$600,000 $400,000 Compute Aztec's departmental overhead rate for the baking department based on direct labor hours.
A. $5.00 per DLH B. $0.75 per DLH C. $2.08 per DLH D. $0.50 per DLH E. $1.50 per DLH