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IceJOKER [234]
2 years ago
10

Use the following account numbers and corresponding account titles to answer the following question. Account Number Account Titl

e (1) Cash (2) Merchandise inventory (3) Cost of goods sold (4) Transportation-out (5) Dividends (6) Common stock (7) Selling expense (8) Loss on the sale of land (9) Sales revenue Which accounts would affect the amount of net income shown on the income statement?
Business
1 answer:
Ilya [14]2 years ago
7 0

The accounts that would affect the net income in the income statement are:

  • (2) Merchandise inventory.
  • (3) Cost of goods sold.
  • (4) Transportation-out.
  • (7) Selling expense.
  • (8) Loss on the sale of land.
  • (9) Sales revenue.

<h3>Which items affect net income?</h3>

The ending and beginning merchandise inventory play a role in the cost of goods sold which is deducted from net income.

Selling expenses such as transportation-out are also deducted as well as the loss on sale of land. Sales revenue is added to net income.

Find out more on accounts in the income statement at brainly.com/question/21851842.

#SPJ1

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They were overproducing goods
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3 years ago
____ is a pattern of basic assumptions that is developed by a group as it learns to cope with problems of external adaptation an
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Answer:

d) Organizational culture

Explanation:

Organization culture is the assumptions, beliefs, values, and ways of interactions that make an organization unique. It the organization's established ways of doing things.

Organization culture will include experiences, expectations, and philosophies that guide its members. Members of an organization express culture by the way they interact internally and with the outside world. Culture incorporates customs, attitudes, written and unwritten rules of an organization.

7 0
3 years ago
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth
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Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

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Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

8 0
3 years ago
HaAaAiii frRiIieEenNds wWaAanNnAaaA cCcCcHhHaAaAtTtT pweeeaaase
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Answer:

yeah sure what do you want to ch.At about

Explanation:

because i don't really care what we talk abt

5 0
3 years ago
Costs that can be easily and conveniently traced to a specific product are called ______ costs.
vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0
2 years ago
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