A company sold $12,000 worth of bicycles with an extended warranty. it estimates that 2% of these sales will result in warranty work. the current period's entry to record the warranty expense is:

When a Principal, by his or her actions, causes a third party to believe that another person is his or her agent and the third party deals with the supposed agent, this is said to be what type of agency relationship?

What effect will firms enteringentering have on the market price? when firms enterenter , a. market supply will increaseincrease , decreasingdecreasing price. b. market demand will decreasedecrease , decreasingdecreasing price. c.

Which of the following phrases might be useful in writing the purpose statement for your formal report? Check all that apply. The research team establishes We establish This report investigates The team's findings will be established

Three identical units of merchandise were purchased during July, as follows: Date Product T Units Cost July 3 Purchase 1 $30.00 10 Purchase 1 33.00 24 Purchase 1 36.00 Total 3 $99.00 Average cost per unit $33.

Financial statement note disclosures on long-term liabilities should include information on authorization of new debt issues, sale of previously authorized issues, and retirement and refunding of debt during the year.

Strong company applies overhead based on machine hours. at the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000.

The last 50 years of declining productivity of the commercial fish populations off the northeast coast of north america reveal the impact of

Which of these is NOT one of the items that can provide useful assistance to a project team to define the activities of a project? a. the major milestones from the Project Charter b. schedules from similar, previous projects c. issue logs d.

The purpose of the post-closing trial balance is to Group of answer choices prove the equality of the temporary account balances that are carried forward into the next accounting period.

Using the cut-and-try method for aggregate operations planning, we can calculate the ending inventory and then calculate the safety stock as a percent of forecast demand.