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zimovet [89]
2 years ago
15

oronado Company has the following account balances: Purchases $95600 Sales Returns and Allowances 12600 Purchase Discounts 8300

Freight-In 5300 Delivery Expense 9000 The cost of goods purchased for the period is
Business
1 answer:
Vladimir79 [104]2 years ago
3 0

The cost of goods purchased for the period is $90,000 having the required account balances .

<h3>Account balances </h3>

An account balance is the amount of money present in a financial repository, such as a savings or checking account, at any given moment. The account balance is always the net amount after factoring in all debits and credits. An account balance that falls below zero represents a net debt—for example, when there is an overdraft on a checking account. For financial accounts that have recurring bills, such as an electric bill or a mortgage, an account balance may also reflect an amount owed.

Learn more about account balance here :

brainly.com/question/23271078

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. Materials are added at the beginning of a process in a process costing system. The beginning Work-in-Process Inventory was 30%
natita [175]

Answer:

B. units started this period in this process

Explanation:

The equivalent units is the metric to account cost for the period cost.

With stared during the period, the formula will be:

Started during the period - incomplete ending + incomplete beginning

Because the materials are added entirely at the beginning, the beginning WIP has all the materials already added. Those unit do not recieve any material therefore, none are incomplete.

Also, the ending is complete as well, so there is no incomplete portion

leaving the formula with:

started during the period - 0 + 0 = started during the period

3 0
3 years ago
How would the issuance of common stock for cash affect the accounting​ equation?
shepuryov [24]

Answer:

Explanation:

The journal entry to record the given transaction is shown below:

Cash A/c Dr XXXXX

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(Being the issuance of the common stock is recorded)

The accounting equation is

Total Assets = Total liabilities + Stockholder equity

Cash Increased = No effect    + Increased

Therefore, the cash account and the common stock is increased.

3 0
3 years ago
Employees at Clearwater Plumbing Supply, Inc. asked the management to hold an election to determine which radio station would be
slavikrds [6]

Answer:

Check the explanation

Explanation:

Going by the question we can derive a scenario whereby the employee cannot demonstrate disparate treatment since prohibiting a specific kind of music at work, even that which has been approved by a majority or popular employee vote, is not an unpleasant and adverse employment action.

6 0
3 years ago
Read 2 more answers
A manager must ensure fairness and __________ in considering a promotion of an employee.
Evgesh-ka [11]
A promotion is the headway of a worker's rank or position in a hierarchical chain of command framework. Advancement might be a representative's reward for good execution. A manager should ensure nondiscrimination in considering a promotion of an employee. 
6 0
4 years ago
A company like Golf USA that sells golf-related inventory typically will have inventory items such as golf clothing and golf equ
yarga [219]

Answer:

ending inventory before adjustment: 12,875

Explanation:

The ending inventory before adjustment will be at cost.

The company at year-end will adjust for the difference the cost and the lower-or-cost rule:

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Shirts             30 units  $  55      $   65

MegaDriver    10 units  $ 310     $ 225

MegaDriver II 25 units $ 325     $ 370

<em><u>Inventory before adjustment:</u></em>

30 *25 + 10 * 310 + 25*325 =

  1650 +    3100   +   8125   = 12,875

5 0
3 years ago
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