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Andru [333]
2 years ago
6

Under the perpetual inventory system, in addition to making the entry to record a sale, a company would

Business
1 answer:
kotegsom [21]2 years ago
5 0

Under the perpetual inventory system, in addition to making the entry to record a sale, a company would: a. debit Inventory and credit Cost of Goods Sold.

<h3>What is Inventory ?</h3>

Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use. Inventory management is primarily concerned with specifying the shape and placement of stocked goods.

There are four types of inventory: raw materials/components, work in progress (WIP), finished goods, and maintenance and repair (MRO).

Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost).

Inventory refers to all of the items, goods, merchandise, and materials held by a company for the purpose of reselling in the market for a profit. For instance, if a newspaper vendor uses a vehicle to deliver newspapers to customers, only the newspaper is considered inventory. The vehicle will be considered an asset.

To know more about Inventory  follow the link:

brainly.com/question/24868116

#SPJ4

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Which of the following is not correct with respect to using bcc for recipients of a message?
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The option that is not correct with respect to using bcc for recipients of a message is this:

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<h3 /><h3>What is the Blind Carbon Copy?</h3>

Blind carbon copy is a way of preventing the recipients of a bulk message from viewing the other addressees. While it is a very good privacy option, it is not expected to be the default for all correspondence.

Sometimes, the addressees might have to view their counterparts so BCC is enabled in such cases.

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1 year ago
Dale works with a publishing company. Everytime he writes a good article he gets lots of fab mail expressing support to him. In
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<span>unconditioned stimulus. 

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8 0
3 years ago
Read 2 more answers
Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into build
monitta

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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With trade wars looming, the future of the multilateral trading system looks more precarious than it has in decades. Looking bey
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Increased manufacturing has helped some countries fill up the gaps.

People and policymakers should be educated about how expensive a trade war can be.

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Identify opportunities to produce new products in order to boost exports in nations that rely heavily on imports.

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