subject
Business, 26.06.2019 05:20 brookekolmetz

Acompany that uses the perpetual inventory system purchased 500 pallets of industrial soap for $10,000 and paid $750 for the freight-in. the company sold the whole lot to a supermarket chain for $14,000 on account. the company uses the specific-identification method of inventory costing. which of the following entries correctly records the cost of goods sold? a. cost of goods sold10,750merchandise inventory10,750b. cost of goods sold10,000sales revenue10,000c. cost of goods sold10,000merchandise inventory10,000d. merchandise inventory10,750cost of goods sold10,750

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:00
Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.
Answers: 2
question
Business, 22.06.2019 21:50
Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing
Answers: 2
question
Business, 23.06.2019 04:00
A76-year old female with degenerative joint disease made an appointment with an orthopedic surgeon. the patient stated she has had severe pain in her right knee for six months. she has tried physical therapy and steroid injections but has not had any relief. the surgeon has agreed to schedule a right total knee arthroplasty (knee replacement).
Answers: 1
question
Business, 23.06.2019 10:30
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.
Answers: 2
You know the right answer?
Acompany that uses the perpetual inventory system purchased 500 pallets of industrial soap for $10,0...
Questions
question
Social Studies, 07.04.2021 01:00
question
Mathematics, 07.04.2021 01:00
question
Mathematics, 07.04.2021 01:00
question
Mathematics, 07.04.2021 01:00
question
Mathematics, 07.04.2021 01:00
question
Mathematics, 07.04.2021 01:00
Questions on the website: 13722360