The ledger of Tamarisk, Inc. on July 31, 2017, includes the selected accounts below before adjusting entries have been prepared. Debit Credit
Investment in Note Receivable Y Prepaid Rent $12,000
Supplies 23,000
Prepaid Rent 5,800
Buildings 210,000
Accumulated Depreciation-Buildings $140,000
Unearned Service Revenue 10,500

An analysis of the company's accounts shows the following.

1. The investment in the notes receivable earns interest at a rate of 6% per year,
2. Supplies on hand at the end of the month totaled $17,600.
3. The balance in Prepaid Rent represents 4 months of rent costs.
4. Employees were owed $2,900 related to unpaid salaries and wages
5. Depreciation on buildings is $6,000. per year.
6. During the month, the company satisfied obligations worth $4,550 related to the Unearned Services Revenue.
7. Unpaid maintenance and repairs costs were $2,300.

Required:
Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly.

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

How do communism and socialism differ in terms of the role that government plays in the economy ?

You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.