Answer:
$700
Explanation:
The journal entry to record the purchase should be:
November 30, Merchandise purchased from Ganster Company
- Dr Merchandise Inventory account 700
- Cr Cash account 700
Since the freight charge was added to the invoice, then the total invoice will = $600 + $100 = $700
When a company purchases FOB shipping point, the title of the goods passes at the seller's shipping dock. Therefore the merchandise inventory must increase once the goods have left the seller's shipping dock.
Answer:
The appropriate alternative is option B (ERP system).
Explanation:
- The ERP system has become a corporation software platform that has the core purpose of integrating various processes and employees throughout the financial institution into a standard desktop software application that might boost the growth of the agency.
- They encourage organizations to implement resource planning by assimilating all of the mechanisms necessary to execute one‘s corporations with such a single platform.
The two other possibilities are not connected to the condition in question. Therefore the choice above is the perfect one.
Answer:
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Explanation:
Answer:
Im not 100% sure but the answer is C
Explanation:
Answer:
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