Inserting a child record that does not have a matching parent record will generate which of the
following errors?
A) Orphan Cannot Exist Without Parents
B) Integrity Constraint Violated ? Parent Name Not Found
C) Integrity Constraint Violated ? Parent Table Does Not Exist
D) Integrity Constraint Violated ? Parent Key Not Found
D
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The Capitals Company has provided you the following information pertaining to the year ending December 31, 2018: January 1, 2018 December 31, 2018Equipment$575,000 $729,000 Accumulated depreciation$165,000 $120,500 Equipment costing $25,000 was acquired in exchange for common stock. Equipment with an original cost of $57,500 and a book value of $5,000 was scrapped. Equipment was purchased in exchange for cash. Equipment with a book value of $39,000 was sold resulting in a $14,000 gain. The accumulated depreciation at the time of the sale was $67,000. Required: Determine the cash paid for equipment purchases during 2018.Determine the depreciation expense for 2018.
What will be an ideal response?
Which of the following adjustments is NOT made to Factory Overhead on the work sheet?
a. factory equipment insurance b. factory building insurance c. office supplies d. factory supplies
As a major steel manufacturer, SteelMakers Inc focuses on having the most efficient manufacturing processes in place. The company believes that its competitive edge lies in its ability to offer the best prices. They also maintain an excellent distribution network that ensures wide availability of their products. SteelMakers has a ________.
A) selling orientation B) production orientation C) product orientation D) marketing orientation E) social orientation
Which is not a key element of internal control over cash receipts?
A) daily recording of all cash receipts in the accounting records B) daily entry in a voucher register C) immediate counting by the person opening the mail or using the cash register D) daily bank deposits