Answer:
As per Sales Budget the budgeted sales for the quarter four are $240,000. Below is the Sales budget.
Explanation:
Scora, Inc.
Sales Budget
Month Budgeted Unit Sales Budegted Unit Price Budgeted Total Sales
(A) (B) (A*B)
January 1200 $50 $60,000
February 2000 $50 $100,000
March 1600 $50 $80,000
Total for the quarter 4800 $50 $240,000
Hence, it is concluded that the budgeted sales for the January, February, March are $240,000.
Answer:
The correct answer is <em>Field-level briefing</em>.
Explanation:
This level involves resources assigned to operational tasks and / or work at or near the incident site. These sessions will be delivered to individual subordinates, full crews or multiple crews, such as Attack Teams or Task Forces, will occur at the beginning of an operational shift.
The location will usually be near the job site or just before mobilization to the field. The supervisor tries to focus the subordinates on their specific tasks and helps define the work area, inform the relationships and expectations.
Answer:
Debit to Cash $100, Credit to Petty cash $100
Explanation:
A company wants to decrease its $200.00 petty cash fund to $100.00. The entry to reduce the fund is:
Date Journal Entry Debit Credit
Cash $100
Petty cash $100
Answer:
Option C is correct
Explanation:
Using straight line depreciation method we can calculate the annual depreciation of the machinery, which can be calculated from the following formula:
Straight Line Depreciation = (Cost - Salvage Value) / Useful value
Straight Line Depreciation = ($95000 - $5000) / 5 years life = $18,000
The double entry would be:
Dr Depreciation Expense $18,000
Cr Accumulated Depreciation $18,000