In accounting for by-products, when the by-products are sold for more than the estimated sales value, the difference is:
a. debited to Gain or Loss on Sale of By-Product
b. credited to Gain or Loss on Sale of By-Product
c. immaterial, so not recorded.
d. credited to By-Product Inventory.
b
You might also like to view...
A recent study revealed that women have an impact on the spending habits of men
Indicate whether the statement is true or false
When Angela asked the clerk at the gas station where the nearest health food restaurant was located, the man told her where two streets intersected at the point where the restaurant was. As he was telling her, he also pointed in the direction of the restaurant, thus using nonverbal support to accompany his words. This is an example of which of the following?
A. emblem B. illustrator C. regulator D. adaptor
Return on investment was used in the 1900's to evaluate business operations
Indicate whether the statement is true or false
Which of the following dimensions of job characteristics theory is that the employee has the freedom to plan and perform his or her own work?
A. skill variety B. task identity C. task significance D. autonomy