subject
Business, 02.04.2020 02:21 tremainecrump1466

A company purchased inventory on account. The inventory costs $2,000 and is expected to sell for $3,000. How should the company record the purchase using a perpetual inventory system? 1. Inventory 2,000 Accounts Payable 2,000 2. Cost of Goods Sold 2,000 Deferred Revenue 1,000 Sales Revenue 3,000 3. Cost of Goods Sold 2,000 Accounts Payable 2,000 4. Cost of Goods Sold 2,000 Gain 1,000 Accounts Payable 3,000 Multiple Choice Option 1 Option 2 Option 3 Option 4

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, chelsilconway2262
Peppy roaney believes that pizza is a much more versatile dish than most people realize. as the national marketing manager for pizza guys, he observed how consumers were delighted with barbecue pizza, hawaiian pizza, mexican pizza and other unique combinations. his suggestions for other unusual pizzas, however, were met with a negative response by his superiors. even some of his colleagues laughed at his ideas. peppy's confidence in his ability to understand the market has led him to focus on planning a business of his own. peppy realizes that he will take a risk when he leaves his job with pizza guys and embarks upon a new venture: peppy's pizzazzeria. peppy is excited about the potential of profitably catering to the unmet desires of pizza consumers. peppy is confident that peppy's pizzazzeria will be a success, but only if he has enough money to do things right. since peppy has very little personal wealth, he knows he must obtain financial assistance. in order to prepare for meetings with bankers and p
Answers: 1
image
Business, 22.06.2019 04:10, KadaLearns
Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforce in a nightly batch. us wants to add automation that can attempt to match leads and contacts to these orders using the email address field on the insert. us is concerned about the performance of the automation with a large data volume. which tool should uc use to automate this process?
Answers: 1
image
Business, 22.06.2019 12:10, felisha1234
Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
Answers: 1
image
Business, 22.06.2019 12:50, DesperatforanA
Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise
Answers: 3
You know the right answer?
A company purchased inventory on account. The inventory costs $2,000 and is expected to sell for $3,...

Questions in other subjects:

Konu
Mathematics, 12.03.2021 04:00
Konu
Chemistry, 12.03.2021 04:00