This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Machine depreciation can be a cost-driver for a manufacturing company under ABC system. Indicate ... (Read 188 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jul 5, 2018
Machine depreciation can be a cost-driver for a manufacturing company under ABC system.
 
  Indicate whether this statement is true or false.

Question 2

Salaries of 6,400 are paid for a five-day week on Friday. Prepare the adjusting journal entry that is required if the month ends on Thursday.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: FALSE

Answer to Question 2

Salaries Expense (6,400/5 x 4) 5,120
Salaries Payable Salaries Payable 5,120


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Jul 5, 2018
Gracias!

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Conduction system of the heart. Conduction system of the heart.
The respiratory system: nasal cavity, pharynx, larynx, trachea, bronchus, and lung with expanded vie The respiratory system: nasal cavity, pharynx, larynx, trachea, bronchus, and lung with expanded vie
Respiratory system Respiratory system
Digestive System Digestive System
Endomembrane system Endomembrane system
The retina-geniculate-striate system: the neural projections from the retinas through the lateral ... The retina-geniculate-striate system: the neural projections from the retinas through the lateral ...
Video: Introduction to Herpes

For a complete list of videos, visit our video library