Question

The following form represents an account taken from the general ledger of Scary Costumes Co.:


Answer the following questions:
a. What is the title of the account?
b. Is this a departmentalized factory?
c. What does the balance of $1,100 represent?
d. How was the 50% rate determined? (Explain without numbers.)
e. What disposition should be made of the balance, assuming that this is the end of the fiscalyear?


$1.99
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  • CreatedMay 05, 2014
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