Prior to adjustment at August 31, Salary Expense has a debit balance of $322,200. Salaries owed but not paid as of the same date total $2,550. Prepare the entries to record the following:

Rodriguez Corporation issues 19,000 shares of its common stock for $78,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $2 par value. 2.

During its first year of operations, Connor Company paid $46,750 for direct materials and $19,500 in wages for production workers. Lease payments and utilities on the production facilities amounted to $8,500.

Eleven baseballs are randomly selected from the production line to see if their stitching is straight. Over time, the company has found that 98.3% of all their baseballs have straight stitching.

The following chart describes opportunities and challenges in the external environments that surround businesses. Which of the following statements best characterize and fit in the empty cells?

Country Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include:Depreciation on sales office $ 9 comma 6009,600Depreciation on factory equipment16 comma 80016,800Factory supervisor salary50

Which of the following is not a risk associated with international contracting? a. Currency exchange rates b. Transportation costs c. Fee collection d. None of the above

Under the allowance method, writing off an uncollectible account A) affects only balance sheet accounts. B) affects both balance sheet and income statement accounts. C) affects only income statement accounts. D) is not acceptable practice.

You're trying to save to buy a new $190,000 ferrari. you have $31,000 today that can be invested at your bank. the bank pays 3.8 percent annual interest on its accounts.

The natural rate of unemployment is a. the sum of seasonal unemployment and cyclical unemployment. b. the sum of structural unemployment and cyclical unemployment. c. the sum of structural unemployment and frictional unemployment. d.

For a large company with many strategic supplier alliances, what would be the best way to manage them? a. Create an alliance board to oversee alliances b. Reduce the number of supplier alliances to less than five c.