The local soda machines union has some concerns regarding how busy these two machines are. They have work rules that demand that machines can be no busier than working half of their scheduled work shift. How many machines should be employed to bring them in line with the utilization rule?

Select those statements below that are true about cash dividends.

a. On the declaration date, liabilities are increased. b. On the payment date, current assets are decreased. c. On the date of record, shareholders' equity is decreased. d. On the payment date, shareholders' equity is decreased.

A business hired a repair service to overhaul its plumbing system. The repair service began work on September 15 and intends to complete it on October 15. The business will pay the repair service $4,000 when the work is completed

As of September 30, the work was 50% complete. Provide the adjusting entry to accrue repair expense by the end of September. (Ignore explanation). What will be an ideal response