1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lana [24]
4 years ago
11

In a perpetual inventory system, when merchandise is returned to the supplier, cost of merchandise sold is debited as part of th

e transaction.
Business
1 answer:
kvv77 [185]4 years ago
5 0
A perpetual inventory system is an effective means of control over inventory. When a sale is made, under this system, both the sale and cost of merchandise sold are recorded. In case that merchandise is returned to the supplier, the Cost of Merchandise Sold is not debited as part of the transaction. Therefore the above statement is FALSE.

 





You might be interested in
Say you take out a loan with a principal of $44,500. The interest rate is 13.11%, compounded monthly. If you make consistent mon
love history [14]

Answer:

Hope they got this right this was a few months ago

Explanation:

5 0
3 years ago
Read 2 more answers
Tony charges $5 to park a car in his parking lot. He pays $40 per day to rent the lot. If 50 cars park in his lot during the day
77julia77 [94]

Answer:

He earns after expenses: $210

Explanation:

If 50 cars park in his lot during the day, he will earn:

50*$5= $250

But he must include expenses to know his real profit. The only expense that the problem states is the lot rent, which is $40 per day. Expenses must be subtracted from his earnings:

$250-$40= $210

On a day, he earns after expenses: $210

4 0
3 years ago
A. The highest amounts occur throughout subtropical latitudes. B. The highest average values occur along the equator. C. The pre
tatyana61 [14]

Answer:

The correct answer is B. The highest average values occur along the equator.

Explanation:

The spatial distribution of precipitation on the continents is very varied, thus there are extensive areas such as deserts, where rainfall is extremely scarce, of the order 0 to 200 mm of precipitation per year. In the Sahara desert, the annual average rainfall is just a few mm, while in the areas near the Gulf of Darién between Colombia and Panama, the annual rainfall is over 3,000 mm, with a maximum of about 10 meters (10,000 mm ). The Atacama desert in northern Chile is the driest area of all continents.

3 0
3 years ago
During the course of one week, the local burger joint has enough time to hire or layoff workers, but it does not have enough tim
Irina-Kira [14]

Answer:

d. is in the short run

Explanation:

In the short run, at least one factor of production is fixed. In this question, the kitchen area and sitting space are fixed. These represents the fixed costs.

In the long run, all factors of production are variable.

The variable cost in this question , is the cost of Labour.

I hope my answer helps you

3 0
4 years ago
One average, someone with a bachelors degree is estimated to earn_times more than someone with a high school diploma
fredd [130]
The answer is c. 1.6 times more than a high school diploma
4 0
4 years ago
Read 2 more answers
Other questions:
  • The ____________ represents the title company and facilitates the final transaction
    8·1 answer
  • The extent to which an innovation can be imitated by a competitor depends on
    10·1 answer
  • HURRY PLEASE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! When defining the issue for which a decision has to be made, fr
    5·1 answer
  • For consumers and investors, the ___________ denotes a certain level of quality. apple™, google™, ibm™, and coca cola™ are some
    7·1 answer
  • Suppose there is a shortage in a local market for clean drinking water (assume this market is free and competitive). Which of th
    6·1 answer
  • What are 4 workplace trends
    15·1 answer
  • Identify the careers that require a college degree and the ones that require only a certification.
    12·2 answers
  • Assume the smart watch industry is a perfectly competitive industry that uses a specialized input. If this industry experiences
    12·1 answer
  • Black Bear Auto Company incurred $120,000 of indirect advertising costs for its operations. The following 2017 data have been co
    5·1 answer
  • What sort of investments benjamin graham used to gain his wealth
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!