Answer:
Option (A) A debit to inventory for $200
Explanation:
The entire cost of purchasing products (including the cost of having the inventory shipped to the buyer) is reported as part of the cost of the inventory in a perpetual inventory system.
The entry of paying the charges for shipping is included in debit to inventory for $200 and a credit to cash for $200.
Hence,
The answer is option (A) A debit to inventory for $200
Answer:
I believe its Transfer Payments (or government transfer)
Explanation:
A transfer payment is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return.
Answer:
1.8 billion people are employed in System D.
Explanation:
System D is a large informal economy. It is an open economic arena where everything is available. Though it is very large, it doesn’t include two-thirds of the workers in the world. The people who are a part of System D are about 1.8 billion people in the world. The economy is worth $10 trillion per year.
In informal economy varied set of economic activities happen. The enterprises, jobs and workers are not regulated or protected by the state. It is basically mean self-employment in small enterprises.
Yes, United States has an informal economy. Government does not tax or monitor the black market and market of illegal drugs.
Answer and Explanation:
1. Margie Johnson would be ethically wrong if she grants the boss's favour to not report inventory shrinkage. Also financial statements would not show a true and fair view if she decides to follow what her boss is asking. She should report true inventory value in financial statements.
2. Yes Ryan is being professional since he is out to improve company's sales and income even though he may be putting pressure on employees to work overtime
Answer:
annual withdrawals is $1,393.87
Explanation:
given data
Amount Deposited = $5,000
Annual Interest Rate = 7.2%
First withdrawal = 2020
last withdrawal = 2025
solution
we consider equal sized annual withdrawals = x
so we can say that Amount Deposited amount will be as
$5,000 =
..........1
we take common here
so
$5,000 =
solve it we get
x = $1,393.87
so that annual withdrawals is $1,393.87