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scoray [572]
2 years ago
10

question content area in recording the cost of goods sold for cash, based on data available from perpetual inventory records, th

e journal entry is:
Business
1 answer:
krek1111 [17]2 years ago
8 0

In recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is debit Cost of Goods Sold; credit Inventory.

<h3>What are inventory?</h3>

Inventory include taken records of goods that are sold and the once that are available.

For goods that are sold they are removed from the available goods including the cost and added to the inventory as sold.

Therefore, In recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is debit Cost of Goods Sold; credit Inventory.

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An increase in consumer income increases the demand for automobiles. As a result of the adjustment to a new equilibrium, there i
Bumek [7]

Answer:

B. upward movement along the supply curve.

Explanation:

An increase in the income of a consumer income would have a significant impact on the quantity of goods demanded by him or her such as increasing the demand for automobiles. As a result of the adjustment to a new equilibrium, there is an upward movement along the supply curve

7 0
3 years ago
If there are 100 transactions in a year and the average value of each transaction is $10, then if there is $200 of money in the
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Answer:

the answer is C:5 how I know: I did it

4 0
2 years ago
party supply uses time series forecasting just passed holidays sales and strength of store sales this year to preacher
melisa1 [442]

To predict future sales based on patterns of historical data. Party Supply is using <u>Analytics</u>

<h3>What is analytics?</h3>

Analytics is the discipline of systematically computing data or statistics. It is employed in the search for, analysis of, and dissemination of significant data patterns. Making successful decisions also requires utilizing data patterns.

<h3>What is the best definition of analytics?</h3>

The scientific method of converting data into insights for the benefit of better decision-making is known as analytics, according to INFORMS. Analytics is a methodology that is always action-oriented.

The usage of operations, programming, and statistics are all mentioned. It also has to deal with the investigation of information that has been transformed from raw data into insight 1. The main board can make more informed choices thanks to this procedure. In fields where data collection is excessive, it is particularly helpful.

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7 0
1 year ago
Liability in which a person cannot be held contractually liable on a negotiable instrument unless his or her signature appears o
Leto [7]

Answer: Signature liability

Explanation:

 The signature liability is basically associate with the negotiable instruction as the people are not contractually liable only the signature person has the liability for the payment based on the specific amount.

The signature liability is basically refers to the signature on the negotiable instrument that is used for identifying the main person who ar obligated for paying. Therefore, Signature liability is the correct answer.

8 0
3 years ago
Kaia, a manager, studied the performances of the various business units of her organization. After making an assessment, Kaia ca
emmainna [20.7K]

Kaia's conceptual abilities are demonstrated by the aforementioned scenario.

<h3>What is the meaning of skills?</h3>

Ability to perform is referred to as skill. The abilities acquired to carry out particular tasks. It needs experience that has been developed through persistent work in certain areas.

Activities such as printmaking, photography, ornamental arts, music, painting, film, literature, and architecture were all considered skills.

Conceptual abilities are the Conceptual talents are the capacity to understand a complex circumstance or issue and offer a more unique and useful solution.

Thus, it may be said that the provided illustration demonstrates conceptual skills.

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8 0
1 year ago
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