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vampirchik [111]

2 years ago

5

Cakery Bakery received $1,000 from a customer on August 5, 2016 for a wedding cake to be delivered on September 19, 2016. What w

ould Cakery Bakery record on their books when the cake is successfully delivered?

1 answer:

musickatia [10]2 years ago

4 0

September 19, 2020 because that is when the cake successfully delivered

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Tiffany owns a health club and contracts to buy a set of weights from Dylan for $10,000. Dylan is hurting financially, so he cha

romanna [79]

Answer:

D. will not enforce the contract at all because of the change made by Dylan

Explanation:

7 0

2 years ago

Read 2 more answers

Helen, who is single, is considering purchasing a residence that will provide an $18,000 tax deduction for property taxes and mo

GenaCL600 [577]

Answer:

amount of tax saving is $4320

Explanation:

given data

tax deduction = $18000

marginal tax rate = 24%

effective tax rate = 20%

to find out

amount of tax saving

solution

we know tax saving formula that is

tax saving = tax deduction × marginal tax ........................1

so now put here all value in equation 1

tax saving = tax deduction × marginal tax

tax saving = 18000 × 24%

tax saving = 18000 × 0.24

tax saving = 4320

so amount of tax saving is $4320

4 0

2 years ago

Stoneheart Group is expected to pay a dividend of $3.05 next year. The company's dividend growth rate is expected to be 4.5 perc

Brums [2.3K]

$2.51 I think idk I need more info

7 0

2 years ago

Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a

Marina CMI [18]

Answer:

Both the department entries are posted.

Explanation:

Harrelson Company

General Journal

Date Account Titles and Explanation Debit Credit

April 30 Work In Process Cooking 22,800

Work In Process Canning 10,900

Direct Materials Inventory 33700

(To record materials used)

30 Work In Process Cooking 9,430

Work In Process Canning 7,230

Direct Labor 16,660

(To assign factory labor to production)

30 Work In Process Cooking 33,800

Work In Process Canning 28,100

Manufacturing Overhead 61900

(To assign overhead to production)

30 Work In Process Canning 55,900

Work In Process Cooking 55,900

(To record costs transferred in) Assuming Canning is the second department and cooking is the first. So costs are transferred from the first to the second department.

8 0

2 years ago

Jefferson Refining is issuing a rights offering wherein every shareholder will receive one right for each share of stock they ow

krok68 [10]

Answer:

value of right = $1.95

Explanation:

given data

new shares = $19 plus 3

current market price = $26.80

to find out

value of one right

solution

we get here value of rights that is express as

value of rights = $\frac{stock \ price - right\ subcription\ price}{no\ of\ right + 1}$ .............1

value of rights = $\frac{26.80-19}{3+ 1}$

value of rights = $\frac{7.8}{4}$

value of right = $1.95

7 0

2 years ago