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MrRissso [65]
1 year ago
11

An account used in the periodic inventory system that is not used in the perpetual inventory system is?

Business
1 answer:
Feliz [49]1 year ago
4 0

Inventory

It is a type of asset that a company deals in and generates income from sales. Because it is the company's most liquid asset, it is included as the first subhead under the current asset heading on the balance sheet.

A inventory system uses an inventory account, whereas a periodic system does not. Because all purchases are immediately linked to the inventory account under the inventory management system, all purchases are deducted from the inventory account, whereas all purchases are returned are credited to the inventory account

At the conclusion of the period, a physical inventory count is used to update the inventory amounts in a periodic inventory system.

To know more about Inventory refer to brainly.com/question/13405662

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Answer is d. all of the above
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"Maple Corp. had net sales of​ $217,550 for the year ended December​ 31, 2017. Its beginning and ending total assets were​ $94,2
BaLLatris [955]

Answer:

2.09

Explanation:

Asset ratio is  a business tool used to measure the efficiency of assets towards sales generation by comparing net sales to average total assets.

It is calculated by dividing the net sales by average total assets.

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<u>Workings</u>

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Opening total asset = $94200

Closing Total assets = $ 113500

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3 years ago
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nydimaria [60]

Capital items. These include major purchases like buildings, fixed and accessory equipment.

4 0
3 years ago
Suppose a person quits a job earning ​$40,000 per year and starts a business with ​$90,000 withdrawn from a​ money-market accoun
weeeeeb [17]

Answer:

The correct answers are $40,000 and $13,500

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For the other line

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4 0
3 years ago
When one commercial bank borrows from another commercial bank, it pays the __________ rate.
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The term discount rate is used when looking at a certain amount of money to be received in the future years and calculating the present value now. The word “discount” means the amount to be deducted. A discount rate is a typical rate that is deducted from a future quantity of money to provide its present value to money seekers.

The cash flows of investments or business ventures when at the time of discount, it is important to note whether the discount rates used can be varied depending on particular different elements. So, discount rates are paid to compensate the borrower bank to the lender bank during transactions.

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brainly.com/question/989075

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4 0
2 years ago
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