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MrRissso [65]
2 years 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]2 years 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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1. assets for lincoln company totaled $13,000, liabilities totaled $1,000, and stockholders' equity totaled $12,000. what is the
Fittoniya [83]

The ratio of liabilities to stockholders' equity is 0.083.

<h3>What is the ratio of liabilities to stockholders' equity?</h3>

Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. An example of liability is account payable.

Stockholder's equity is the difference between assets and liabilities. Assets are resources that can be used to increase the value of the firm.  An example of an asset is account receivable.

The ratio of liabilities to stockholders' equity can be determined by dividing liabilities by stockholders equity.

The ratio of liabilities to stockholders' equity = liabilities / stockholders' equity

1000 / 12,000 = 0.083

To learn more about liabilities, please check: brainly.com/question/26513242

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5 0
1 year ago
Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advant
Svetradugi [14.3K]

The reasons why producers choose to specialize are:

  1. to gain a comparative advantage
  2. to increase efficiency.

<h3>What is specialization?</h3>

Specialization is when a producer concentrates on the production of some particular goods and services.

Advantages of specialisation

  • It increases economies of scale
  • It increases the efficiency of the producer

To learn more about comparative advantage, please check: brainly.com/question/25139916

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6 0
2 years ago
A new exercise video contends that with one day of fasting and a one-hour period of intense cardiovascular exercise, the average
zlopas [31]

Answer:

D) Usage

Explanation:

Usage barriers or obstacles to use are basically reasons why a customer will cease purchasing a good or service, or might even return a purchased good just after purchasing it. Sometimes enthusiastic customers may falsely believe that a product is easy to handle and use, while it's not, e.g. a Sedgeway that initially had very high sales but then they plummeted. Usage barriers result in high customer churn.

In this case, some users might actually believe that eating a small amount for one day and exercising for a couple of hours will radically change their body structure. The bad thing is that after a few days they will realize that it was all a lie, and they will get either frustrated or mad.

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nadya68 [22]

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The reliability of the server is the key technical factor to be considered. In <em>thin client </em>architectures, the data processing is transferred on to the server. In these scenarios, the operating of the remote satellite office would downfall if something bad happened with the server.

Similarly, if the <em>response time</em> is critical (real-time processing is essential for business operating), the company should consider implementing a thick client, which is faster and more reliable. However, thick clients are almost always more expensive to implement.

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A publicly owned corporation is a company whose shares are held by the investing public, which may include other corporations as
Nuetrik [128]

Answer:

False

Explanation:

3 0
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