Prepare Journal Entries in a Purchases Journal Guardian Services Inc. had the following transactions during the month of April:
Apr. 4. Purchased office supplies from Officemate, Inc. on account, $620.
Apr. 9. Purchased office equipment, Inc. on account from Tek Village Inc., $2,460.
Apr. 16. Purchased office supplies from Officemate, Inc. on account, $170.
Apr. 19. Purchased office supplies from Paper-to-Go Inc. on account, $250.
Apr. 27. Paid invoice on April 4 purchase from Officemate, Inc.
a. Prepare a purchases journal to record the April purchase transactions for Guardian Services Inc. If an amount box does not require an entry, leave it blank.
If no entry is required in "Other Accounts Dr." then select "No entry required".
PURCHASES JOURNAL
DATE Account Credited Post. Ref. Accounts Payable Cr. Office Supplies Dr. Other Accounts Dr. Post. Ref. Amount
Apr. 4
Apr. 9
Apr. 16
Apr. 19
Apr. 30 Total
b. What is the total amount posted to the accounts payable and office supplies accounts from the purchases journal for April?
Credit to Accounts Payable $
Debit to Office Supplies $
c. What is the April 30 balance of the Officemate Inc. creditor account assuming a zero balance on April 1?
$

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

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?

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