aCOUNTS

VIKOSGYRL

Main

Home >Homework Answsers >Business & Finance homework help >Accounting homework help

1.The journal entry to pay a cash dividend is to:

2. When a stock dividend was declared above par, the excess was ignored and only the par value was used. This error would cause:

3. Which of the following is not a direct departmental expense in a sales department?

4.IF direct labor for the month is $30,000, overhead is applied based on direct labor, annual overhead is estimated to be $500,000, and annual direct labor is estimated to be $800,000, what is the entry to apply overhead to production?

5.interest expense was $10,000, income tax expense $20,000, and net income after taxes is $60,000. The number of times interest was earned is:

6.Tricia and Jennifer formed a partnership. Tricia invested $10,000 in cash, and Jennifer invested $5,000 in cash, equipment valued at $6,000, and $1,000 accounts payable. The proper entry to record this is:.

7.Which would not go into the operating activities section of a statement of cash flows using the direct method?

8.Which of the following is true of a partnership?

The Overhead-Control account is used for the:

10.What inventories are included in determining total manufacturing costs?