Redmont Company's gross salaries and wages are $18,000, and it withholds $2700 for income taxes and $1377 for FICA taxes, the journal entry to record the employees' pay should include a:
A. credit to Salaries and Wages Payable for $13,923.
B. debit to Salaries and Wages Expense for $13,923.
C. credit to Salaries and Wages Payable for $18,000.
D. debit to Salaries and Wages Payable for $13,923.
Answer: A
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The key to maintaining competitive advantage, according to Dr. W.E. Deming is:
A) being committed to constant improvement. B) being first to market with all products. C) outsourcing key components. D) challenging all market leaders. E) stressing low-price advantage in all areas.
An agent may try to manipulate the opinion of bystanders and to mobilize their support, either to enhance their own position or to undermine the other party's position.
Answer the following statement true (T) or false (F)
The balance in the supplies account, before adjustment at the end of the year is $725. The proper adjusting entry if the amount of supplies on hand at the end of the year is $300 would be
A) debit Cash $300, credit Supplies $300 B) debit Supplies Expense $425, credit Supplies $425 C) debit Supplies Expense $300, credit Supplies $300 D) debit Supplies $425, credit Supplies Expense $425
Simultaneous design of product, process, and supply chain configuration is referred to as:
a. Two-dimensional cooperative engineering b. Collaborative engineering c. Three-dimensional concurrent engineering d. Diversity engineering