George corporation recognized $1,000 of accrued property taxes on its manufacturing facility. the journal entry to record this debits ______.

Answers

Answer 1

In a case whereby George corporation recognized $1,000 of accrued property taxes on its manufacturing facility. the journal entry to record this debits as Manufacturing overhead $1,000 and credits Property taxes payable $1,000.

What is journal entry?

A journal entry  can be described as an act of keeping which involves the  making records of any transactions .

It should be noted that Transactions are listed in an accounting journal so that the  company's debit as well as the credit balances of the company can be shown.

In the case, above , we will record this debits as Manufacturing overhead $1,000 and credits Property taxes payable $1,000, hence  journal entry can encompass several recordings, in a debit or a credit.

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Related Questions

When a manager does not receive forecasts, sales projections, or appropriate dashboards, the business objective of ______________ is not achieved.

Answers

When a manager does not receive forecasts, sales projections, or appropriate dashboards, the business objective of improving decision making is not achieved.

What do you mean by Decision-making?

The cognitive process that leads to the selection of a belief or plan of action from a range of potential outcomes is known as decision-making. It could be logical or illogical. The process of making a decision is based on the decision-values, maker's preferences, and beliefs. Every decision-making process ends with a final choice that may or may not be followed by action.

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The university of texas and texas a & m university systems get large sums of money for their endowments from oil and gas royalties.
a. true
b. false

Answers

This is true. The university of Texas and Texas a & m university systems get large sums of money for their endowments from oil and gas royalties.

What is the meaning of royalties?

This is the term that is used to refer to the sum of paid due to the fact that something was sold. It is the money that the university would get due to the fact that they sold oil and oil products in the state. Texas is a very rich oil state.

Hence we can say that: This is true. The university of Texas and Texas a & m university systems get large sums of money for their endowments from oil and gas royalties.

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Investment banking firms provide:________
a. auditing services.
b. overdraft facility.
c. insurance.
d. underwriting services.

Answers

Investment banking firms provide underwriting services (option d).

What are investment banks?

Investment banks are financial institution that provides services to businesses, individuals and the government. The services they provide include:

raise capital for new companies by underwriting their initial public offersfinancial consultancyoversees mergersthey match investors with sellers. This increase the liquidity of the financial markets.

Examples of investment banks include  Bank of America, Credit Suisse, and Deutsche Bank.

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When redesigning a database, how can we check assumptions about functional dependencies?

Answers

Use a correlated subquery with the SQL IN keyword for the first approach, and use a correlated subquery structure with the SQL EXISTS and/or NOT EXISTS keywords for the second approach.

What do you mean by  Structured Query Language (SQL)?

Relational databases are managed and the data they contain can be subjected to a variety of procedures using SQL, a standardized programming language. SQL is frequently used by database administrators, programmers writing scripts for data integration, and data analysts setting up and running analytical queries. SQL was originally developed in the 1970s.

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You are the project manager for a new project. you need to introduce project ground rules to the project team. how should you convey the project ground rules to the team?

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A kickoff meeting is used to introduce team members and acknowledge the purpose of the project while discussing the project plan along with identifying the ground rules that are expected of the project members.

What is a kick-off meeting?

Before work begins, there will be a kick-off meeting to get everyone acquainted. It guarantees that everyone begins with the same degree of knowledge and comprehension of the project, something that a Team Meeting doesn't really get.

This is your chance to introduce your staff to any customers or clients who may be engaged in the project, and vice versa. A kick-off meeting marks the beginning of a project in full. Your team's primary goal moving forward should be the project.

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The activity that occurs when a buyer and seller trade things of value so that each is better off as a result is referred to as?

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The activity that occurs when a buyer and seller trade things of value so that each is better off as a result is referred to as exchange.

The exchange of valuable items between a buyer and a seller with the goal of improving both parties' circumstances. need. arises when a person perceives that they are lacking in basic needs including food, clothing, and shelter.

The exchange of valuable items between the buyer and the seller, with the goal of making both parties wealthier as a result. Price, promotion, place, and product make up the marketing mix (or "four P's"). Information exchange, cost-benefit analysis, and connection building.

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Nsamcwadlp means that whenever you create an online marketing campaign, you should also create:_____.

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Nsamcwadlp means that whenever you create an online marketing campaign, you should also create:" a dedicated landing page designed specifically for that campaign".

What is online Marketing?

Digital marketing is the part of marketing that uses the Internet and online digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services.

What are its advantages?

Online marketing is the use of various and evolving Internet-based digital technologies to reach a target audience.

These technologies include (but are not limited to)

content marketing, social media, websites, search engine optimization, online video, email marketing,paid search, and more.

Global Reach: via one website allows you to find new markets and trade worldwide with only a small investment.

Lower Cost: A well-planned, targeted digital marketing campaign can reach the right customers at a much lower cost than traditional marketing methods.

Is internet marketing expensive?

With online marketing, you can look for free or paid traffic sources. With a free service, you just need to invest your time. For paid they have to pay. You can often optimize your website to earn money from paid sources.

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What is the dollar-amount limit on federal question cases that can be brought in federal court?
a. $500,000
b. $250,000
c. there is no dollar-amount limit.
d. $1 million
e. $75,000

Answers

There is no dollar-amount limit on the federal question cases that can be brought in federal court.

What is a federal court?

This refers to the court that had an exclusive original jurisdiction in any dispute between the Central Government and the Provinces.

The amount of damages for a case in controversy must be more than $75,000, that is,  If the amount you seek to recover is $75,000.00 or less, you cannot file your action in federal court. Therefore, there is no dollar-amount limit on the federal question cases that can be brought in federal court.

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Owner tom decided to lease out his basement to a college student. By leasing the basement, tom has?

Answers

Because Owner Tom decided to lease his basement out to a college students, Tom has transferred a portion of his bundle of rights.

What happens to ownership rights when leasing?

The fact that Tom has leased his basement to the college student means that he has transferred some of his rights as the property's owner to the college student. He is still the undisputed owner of the property, but he won't have the same amount of power over the property as he once did.

This is because tenants who lease property also have rights too and these rights are taken from the rights of the owner who leased the property. For instance, the college student who is the tenant here, now has occupancy rights to the property that are tied to the period they leased the property.

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West company has $200 cash, $1,200 land, $600 liabilities and $800 stockholders' equity. west has earned profits every year since its inception. based on this information, ______.

Answers

Based on this information, West may be forced to sell its land in order to pay its debt.

What are debts and assets?

Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions.

An asset is a resource that is owned by a business that can be used to create economic value of the economic actor. Cash is an example of a liquid asset. Land is an illiquid asset.

Stockholders equity is the difference between assets and liabilities. Even though, assets is greater than liabilities, the liquid asset is less than liability. Thus, the business might have to sell its land to pay the debt.

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Randolph waters operates a watch repair business in mesa, arizona. He orders most of the watch parts from out-of-state suppliers. he orders watch faces from a supplier in escondido, california. The supplier does not have a sales force but relies on catalogs shipped to watch dealers throughout the country as his means of marketing. Randolph installed several of the supplier's watch faces on his customers' watches. A strange chemical reaction between perspiration and the faces of the watches caused randolph's customers to develop rashes and nausea, with some requiring hospitalization. Randolph wishes to bring suit to recover damages ($100,000) from the escondido supplier. Which of the following statements is true of this scenario? a. randolph must bring suit in california to gain jurisdiction over the supplier. b. randolph has a diversity action that can be brought in federal court. c. randolph will not be able to bring suit in arizona because there are no contacts in the state. d. randolph must bring suit in arizona state court.

Answers

The option Randolph has a diversity action that can be brought in federal court is a true statement

Option C is correct .

Federal Court :

Federal courts are courts of special jurisdiction, meaning they can only hear cases sanctioned by the United States Constitution or federal statutes. The federal district court is the commencement for any case arising under federal statutes, the Constitution, or treaties

What is the jurisdiction of a state?

Jurisdiction refers to the strength of a state to work on persons, property, and circumstances within its territory. It may be utilized through legislative, executive, or judicial actions.

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Which basic production planning strategy avoids hiring and layoff costs and the costs of excess capacity?

Answers

The basic production planning strategy that avoids hiring and layoff costs and the costs of excess capacity is C. Subcontracting.

What is subcontracting?

Subcontracting refers to when labor is outsourced to another company that is often not in the same nation as the country where the business is based.

This means that the company that is doing the outsourcing will not have to hire people themselves and so can avoid costs like hiring and layoff costs as well as costs resulting from excess capacity.

Options for this question include:

A) demand matchingB) operation smoothingC) subcontractingD) all of the aboveE) none of the above

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A characteristic of demand for a good, service, or resource other than its own market price is:_____.

Answers

A characteristic of demand for a good, service, or resource other than its own market price is a non-price determinant.

What are non-price determinants?

Non-price determinants are factors that affect the demand for a good other than the price of the good. Change in the non-price determinant lead to a change in demand. Changes in non-price determinants lead to a shift of the demand curve.

Non-price determinants include:

Income of the consumer Weather Change in the price of other goods Change in consumer taste.

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______ is a way of orchestrating value activities in which a firm is backwardly or forwardly integrated and relies on outside-market firms for supplies or distribution.

Answers

Taper integration is a way of orchestrating value activities in which a firm is backwardly or forwardly integrated and relies on outside-market firms for supplies or distribution.

Organization theory uses the term "tapered integration" to describe a combination of vertical integration and market interchange. A producer upstream may generate some of the input themselves and purchase the remaining amount from independent businesses.

What three forms of vertical integration are there?

Result for Taper integration in an image

There are three types of vertical integration: balanced vertical integration, which includes both upstream and downstream integration, and backward vertical integration, which occurs upstream.

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Additional paid-in capital 200 0 retained earnings 1,080 480 what amount will be reported for goodwill as a result of this acquisition?

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Additional paid-in capital 200 zero retained earnings 1,080 480 what amount can be reported for goodwill as a result of this acquisition: cost of the funding much less the subsidiary's truthful value at the acquisition date.

An acquisition is when one corporation purchases a maximum or all of every other enterprise's shares to advantage the control of that employer. shopping extra than 50% of a target company's inventory and different lets the acquirer makes decisions about the newly acquired assets without the approval of the organization's other shareholders.

An acquisition is called a commercial enterprise transaction wherein one firm buys all or a part of another agency's inventory or belongings.

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Succession planning is a process that helps to ensure that personnel are recruited and developed to fill key roles. for ios, this means?

Answers

A succession planning strategy helps to make sure that people are hired and trained to fill important responsibilities. For us, this means that the addition of productive human capital is crucial.

What is succession planning?

The method and technique of succession planning is used to transfer leadership responsibilities or plan for replacements. It is used to find and nurture young, aspiring leaders who can take over in vacant leadership positions. The process of identifying the crucial jobs within your organisation and creating action plans for people to fill those positions is known as succession planning.

A procedure called succession planning is used to find candidates for senior posts. It makes more qualified candidates more readily available when your top leaders depart or retire. The human resources (HR) department, sometimes known as the human resources management (HRM) department, is frequently a major force behind succession planning, albeit success depends on the backing of senior management and other stakeholders. Replacement planning is another name for succession planning.

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A company may properly classify an asset that provides benefits for 15 months as a current asset if:______

Answers

A company may properly classify an asset that provides benefits for 15 months as a current asset if the asset's useful life cannot be separated into time segments.

How Do Current Assets Work?

All assets possessed by the company that can be turned into cash within a year are recorded in the Current Assets account, which is a line item on the balance sheet under the Assets heading. Current assets are items whose value is shown in the Current Assets account.

Cash, cash equivalents, receivables, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets. Current Accounts are another name for current assets.

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The nation of alpha does not take seriously the gathering and publishing of its economic statistics. this creates?

Answers

The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.

What is meant by Business Forecasts?

Business forecasting is the process of predicting future market circumstances by analyzing historical data using business intelligence tools and forecasting techniques. Forecasting in business can be qualitative or quantitative. The process of predicting changes in a firm, such as sales, expenses, profits, and losses, is known as business forecasting.

Business forecasting aims to create better plans based on these knowledgeable projections, assisting in the prevention of probable failure or losses. The gathering, processing, compilation, dissemination, and analysis of economic data are the topics of applied statistics and applied economics. It has a close connection to econometrics and business statistics.

Hence, The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.

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Ll the costs appearing on the job cost sheets of the jobs that are being worked on are found in the ______ account.

Answers

Ll the costs appearing on the job cost sheets of the jobs that are being worked on are found in the work in process account.

Cost Sheet

A cost sheet is a declaration that lists all the different parts that make up a product's total cost and provides comparative historical data. You can determine the ideal selling price of a product using the cost sheet as a guide. You can use expected costs or past costs to build a cost sheet document.

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Offering credit to buyers and providing refund services for products are both examples of ________ functions provided by channel intermediaries.

Answers

Offering credit to buyers and providing refund services for products are both examples of Facilitating functions provided by channel intermediaries.

What are channel intermediaries?

The organizations and people who provide channels for consumers to obtain items are known as channel intermediates. Depending on the firm that owns the goods and the method of delivery chosen to reach clients, the distribution procedure for a given good can differ. Anyone interested in working in marketing or distribution will benefit from being aware of the parties involved in this process and how they distribute goods. In this piece, we define intermediary marketing channels and channel intermediaries, as well as their various forms.

They are the outside organizations, people, and companies who assist a firm in supplying its goods to clients. Between the maker of the original product and the customer who makes the most recent purchase, they serve as intermediaries. Channel intermediaries are a crucial component of the distribution process since businesses require them to deliver items to their customers.

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According to growth accounting studies, the most important factor in economic growth is:_______

Answers

According to growth accounting studies, the most important factor in economic growth is Capital deepening

When the amount of capital per worker in the economy rises, this is known as capital deepening. Increase in capital intensity is another name for this. The rate of change in capital stock per labour hour is frequently used to gauge capital deepening. Why does the capital market deepen?An rise in the capital-labor ratio is referred to as capital deepening. Either a rise in capital stock or a decline in the labour force might result in a greater capital-labor ratio.

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Brown company purchased $900 of supplies on credit. illustrate how to record the transaction to t-accounts by completing the following sentence. accounts payable would be?

Answers

The statement has been completed as follows:-

Accounts payable would be credited on the right side and supplies would be debited on the left side.

What is accounts payable?

Accounts payable (AP) is a financial word that refers to the money owing to suppliers or vendors for products or services acquired on credit. It is the bill that company needs to pay.

Accounts payable which are also known as Bills payables are credited on the right side, while supplies are debited on the left. Therefore, it can be concluded that  payable would be credited and supplies would be debited in the journal entry.

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Your question is incomplete, but most probably the full question was….

Accounts payable would be ______on the ____ side and supplies would be ______on the _____side

Firms are buyers and households are sellers in the _____ market.
a. stock
b. bond
c. labor product
d. underground

Answers

Firms are buyers and households are sellers in the bond market. Option B

This is further explained below.

What is the bond market.?

Generally, The bond market is a financial marketplace where respondents can issue new debt, recognized as the primary market, or buy and sell treasury bonds, known as the secondary market.

This debt is typically issued in the form of bonds, but it may also take the form of notes, bills, and other financial instruments for both public and private expenditures.

 

In conclusion, On the bond market, businesses are buyers, while individuals and families are sellers. Alternative B

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Product costs consist of all of the following except:_______
a. direct materials.
b. direct labor.
c. factory overhead.
d. dividends.

Answers

Dividends are not included in Product cost whereas  direct materials, direct labor and factory overhead are included while calculating the Product cost .

What is Product costs ?

The cost incurred to produce a product are referred to as product  cost. Direct labor, direct materials, consumable production supplies, and factory overhead all are included in these prices. The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost. In the latter scenario, all cost involved with a service, such as compensation, payroll taxes, and employee benefits, ought to be included in the product cost.

Since product cost contains the amount of effort that is required by both GAAP and IFRS, it is included in the financial statements. When deciding on short-term production and sale-price strategies, however, managers may alter product costs to eliminate the overhead component.

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Which of the following is one of the factors of production?
a.money
b.shares of stock
c.business
d.natural resources

Answers

Answer:

the answer of that question is

LETTER, C. BUSINESS

Explanation:

please correct me if im wrong because im not very brainly but im so handsome

The agreement in a life insurance contract that states a specific sum of money will be paid to a designated person upon an insured's death is called:_________

Answers

The agreement in a life insurance contract that states a specific sum of money will be paid to a designated person upon an insured's death is called Insuring agreement

What do you mean by Insuring Agreement?

The "Insuring Agreement" of the insurance policy outlines the insurer's obligation to make payments to the insured or on their behalf. The insuring agreement is typically included in the coverage form from which a policy is derived. Insurance policies frequently offer a wide range of protection, which is then limited by exclusions and limitations.

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To calculate the _______ of an alternative, an individual needs to estimate _______ of the alternative.

Answers

To calculate the net benefit of an alternative, an individual needs to estimate both cost and benefit of the alternative.

How to calculate net benefit?

Net benefit is calculated by subtracting the cost of an alternative from the benefit that the alternative will give:

Net benefit = Benefit - Cost

This means that for us to know the net benefit of an alternative that is presented to us, we need to know the cost of that alternative, and the benefit of that alternative.

For instance, if we want to know the net benefit of licking 5 ice cream cones, we need to know the cost of those ice cream cones (health costs included) and the the value of the benefits that we give to that ice cream cone. This would show the net benefit.

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An acre of land costs $15,000. jerry would like to purchase four acres. how much will this cost?

Answers

Answer:

60000

Explanation:

15000*4

Janelle sells construction equipment. when she calls on her building contractor customers, she asks if they are having any problems. in doing so, janelle is addressing which core aspect of marketing?

Answers

Janelle is addressing the core aspect of satisfying customer needs and wants of marketing

What are the core aspects of marketing?Satisfying Customers needs/wants: The development of products and services depends on the customer needs and wants.Marketing Entails and Exchange: The exchange can occur between two parties but simply a buyer & seller exchanging for a good or service. It can also be an exchange of information convenience.Marketing requires product, price, place, and promotion decision.Marketing impacts various stakeholders: It affects supply chain partners, employees, society, large / entire industry.What is a marketing plan?

A marketing plan, which is a useful document, describes an organization's advertising strategy for generating leads and reaching its target market. The outreach and PR campaigns that will be carried out over time are described in a marketing strategy together with the metrics the company will use to measure their performance.

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Oil creek auto has sales of $3,740, net income of $274, net fixed assets of $2,800, and current assets of $920. the firm has $630 in inventory. what is the common-size statement value of inventory?

Answers

An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement

What is common-size statement?

An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement. Typically, this refers to overall earnings or total sales. Financial ratio analysis's objective is comparable to that of a common-size income statement. Items are shown as a percentage of a common base amount, such as total sales revenue, in a financial statement of common size. This kind of financial statement makes it simple to compare one company to another or different time periods within the same company.

The common-size statement refers to expressing each value as a percent of sales:

Sales                 3,340                   100.000%

income                 274                     8.234% (274 divided by 3340 times 100)

fixed assets          2,699               80.809%

current assets         836                25.030%

Inventory               417                0.12485  (417/3,340)

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Because of both global and changing labor and trade markets, organizations are now much more aware of the importance of ______________. What is the expanded form of nine billion, eight hundred ninety-two million, eight hundred forty-six thousand, four hundred thirty-seven? Can somebody please help me When we construct messages we _______________ meaning into language and symbols based on the communication resources and meanings available to us at a specific point in time. pls hurry! i will give brainliest!! -What is the measure of angle x?Enter your answer in the box. Bhadur Bhadur shah was a good son of a good father.justify the statement 1Drag the tiles to the correct boxes to complete the pairs.Match each effect to its causeIncrease in literacy rate Increase in foreign demand for goods Increase in production speed and quality . Most neurons are not physically connected to one another; there is usually a tiny gap that signals must cross. this connection point between neurons is called a:________ Please help me simplify !!!ONLY ANSWER IF YOU ARE 100% SURE YOU ARE CORRECT, LIKE IF YOU ALSO TOOK THIS TEST OR JUST KNOW IT *MUST* PROVIDE AN EXPLAINATION OR ELSE I'M REPORTING!!! Which branches of government do Articles I, II, and IIIof the Constitution establish?Choose all answers that are correct.A. the legislative branchB.the judicial branchC.the executive branchD.the military branch ron king is a single airline ticket agent who claims 1 allowance. his gross weekly salary is $320.00. each week he has deducted federal, social security, and medicare taxes; $26.20 for medical insurance; 1.5% state tax; and $25.00 for the credit union. The shape of a protein molecule is influenced by A wave has an angular frequency of 127 rad/s and a wavelength of 2.62 m. calculate (a) the angular wave number and (b) the speed of the wave. The nurse is assisting in monitoring a client who received hydralazine hydrochloride to treat autonomic dysreflexia. which finding accurately indicates that the medication is effective? How did the theory that a communist victory in south vietnam would cause all of southeast asia to fall to communism pan out? Which of the following is NOT a characteristic of nonverbal communication?Nonverbal communication is ambiguousNonverbal communication is inevitableNonverbal communication is importantNonverbal communication is multi-channeled The essence of associative techniques is the development of an equation that summarizes the effects of _____. I NEED HELP! PLS ANSWER A basic slime recipe calls for 1 part borax, 24 parts white glue, and 48 parts water. The relationship between borax, white glue and water is proportional. If Catalina has 3 tablespoons of borax and will use it all, how many cups of white glue will she need Which molecule demonstrates the widest range of functions due to its ability to adopt multiple conformations? dna rna both molecules carry out a wide range of activities within the cell.