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Author Question: ABC systems create ________. A) one large cost pool B) homogenous activity-related cost pools ... (Read 104 times)

storky111

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on: Jul 5, 2018
ABC systems create ________.
 
  A) one large cost pool
  B) homogenous activity-related cost pools
  C) activity-cost pools with a broad focus
  D) activity-cost pools containing many direct costs

Question 2

On September 1, Erika Company purchased land for 47,500 cash. Provide the journal entry for this transaction.


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chem1s3

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Sept. 1 Land 47,500
Cash
Purchased land for the company. 47,500


storky111

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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