41) The chart of accounts: A) is a numbered list of all of the business' accounts. B) allows accounts to be located quickly. C) can be expanded as the business grows. D) All of the above are correct.   42) A credit to an asset account was posted to a liability account. This error would cause: A) assets to be understated. B) liabilities to be overstated. C) capital to be understated. D) None of the above are correct.   43) The business incurred an expense and paid it immediately. To record this: A) an expense is debited and a […]

    22.1   Learning Objective 22-1   1) A statement comparing data from two or more consecutive periods is called a: A) comparative balance sheet. B) comparative income statement. C) common-size statement. D) both A and B.   2) In a comparative balance sheet, the ending Cash for 2012 was $315,000 and is $270,000 for 2013. The net increase or decrease from 2012 to 2013 is: A) 86.0%. B) 14.3%. C) 26.4%. D) 16.7%.   3) To find the percent of increase or decrease of an item in a comparative balance sheet you use the formula: % change = amount […]

  61) Helton Company has the following information for the current year:   Beginning fixed manufacturing overhead in inventory $95,000 Fixed manufacturing overhead in production 375,000 Ending fixed manufacturing overhead in inventory 25,000     Beginning variable manufacturing overhead in inventory $10,000 Variable manufacturing overhead in production 50,000 Ending variable manufacturing overhead in inventory 15,000   What is the difference between operating incomes under absorption costing and variable costing? A) $65,000 B) $50,000 C) $40,000 D) $5,000 E) $70,000 62) The following information pertains to Brian Stone Corporation:   Beginning fixed manufacturing overhead in inventory $60,000 Ending fixed manufacturing overhead […]

I’m studying for my SAT class and don’t understand how to answer this. Can you help me study? Assignment 1: ANCOVA in SPSS Earlier this week, you practiced using ANCOVA models with SPSS and, ideally, used the Collaboration Lab to ask, answer, and otherwise address any questions you had. In this Assignment, you apply what you learned to answer a social research question using ANCOVA. Hopefully you are not yet tired of comparing means! To prepare Review the datasets provided. Construct a research question based on one of those datasets. Pay attention to the assumptions of this test, and ask, […]

I’m studying and need help with a Algebra question to help me learn. For this discussion, you will work in groups to find the area and answer questions. Find the approximate area under the curve by dividing the intervals into n subintervals and then adding up the areas of the inscribed rectangles. The height of each rectangle may be found by evaluating the function for each value of x. Your instructor will assign you n 1 and n 2 . n1=6 n2=12 y = 2 x x 2 + 1 between x = 0 and x = 6 for n […]