Hardy company manufactures a single product by a continuous process, involving two production departments. the records indicate that $140,000 of direct materials were issued to and $200,000 of direct labor was incurred by department 1 in the manufacture of the product. the factory overhead rate is $25 per machine hour; machine hours were 5,000 in department 1. work in process in the department at the beginning of the period totaled $35,000; and work in process at the end of the period was $25,000. prepare entries to record

What is credit and debit in accounting

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000