On June 30, Cleopatra, Inc. finished Job 70 with total job costs of $40,000 and transferred the costs to Finished Goods Inventory. On July 6, Cleopatra completed the sale of the goods to a customer for $55,000 on account.

Provide the journal entry to record the sales revenue. Omit explanation.


Business

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Employees (internal customers) are more mobile and job-changing is more commonplace than a generation ago

Indicate whether the statement is true or false

Business

Physically attractive people are perceived as smarter, cooler, and happier than average people. These perceptions are a result of the ________

A) halo effect B) principle of cognitive dissonance C) balance theory D) self-perception theory

Business

For business presentations, time constraints are usually

A) rigid, permitting little or no flexibility. B) meaningless since audiences expect presenters to take extra time. C) imposed only on lower-level employees. D) not important if you are presenting to your colleagues. E) only a suggestion.

Business

Which one of the following statements is true?

a. External events (transactions) involve interactions between an entity and a party outside the entity. b. Every event or transaction which affects an entity is identified from a source document. c. All economic events can be reliably measured. d. The movement of raw material into production is an external event.

Business