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Mrac [35]
3 years ago
5

Just-in-time and consigned goods are two methods businesses use to

Business
1 answer:
Yakvenalex [24]3 years ago
7 0
Hello
the answer is c
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The Garden Company began the accounting period with a $46,000 credit balance in its Accounts Payable account. During the account
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the  cash outflow for expenses is $106,000

Explanation:

The computation of the cash outflow for expenses is shown below:

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Cash outflow for expenses $106,000

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Which of the following is not considered a legitimate expense of a partnership? a Interest paid to partners based on the amount
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a Interest paid to partners based on the amount of invested capital.

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A partnership is formed between two parties that agree to go into a venture for mutual gain. The parties share ownership of the business entity and as such are entitled to profit from their equity holdings.

Interest paid based on invested capital is considered a distribution of profit by the business and not an expense. This is similar to sharing profit to shareholders in a company.

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Three methods of time management
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