You do not meet NMSC's requirements
The answer is inventory account and Cost of goods sold account(COGS) respective to the order of the blanks.
Goods not yet sold means the stock we still have in our inventory. Therefore, the costs related to them will be shown in the inventory account as an asset. As we can recover the cost by selling the goods.
On the other hand, goods sold are included in the sales. Therefore, the costs related to these goods which are sold should be written off and adjusted with the sales account by recording them in the Cost of goods sold (COGS) account
Hence, The cost of goods not yet sold is recorded in the Inventory account, whereas the cost of goods that are sold to customers is recorded in the Cost of goods sold account.
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If Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service If he only wants to highlight the key aspects of each part with several bullet points, the information he should include will be:
Jamal should carry out adequate and accurate research concerning the vital information that should be included in the brochure.
The information that he should include in his brochure should be:
- He should include relevant information that the customers need in the brochure.
- He should show professionalism or he should show how professional he his when it has to to with his business.
- He should highlight the most important aspect of the business such as the company products and services.
- He shown reveal the purpose and objective of the business including what the business stand for.
The reason why i feel this is the most important information about each part of a business is because it will enables people to know that he is good at what he does which will in turn help to promote the business.
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A)The profits for common stock owners come before payment to employees, suppliers, government and creditors.
Answer: The current book value of an equipment purchased three years ago is $6983.925
.
There are two ways to solve this question.
<h3>Method 1</h3>
In this method, we compute the depreciation for each of the three years and deduct the total depreciation calculated from the purchase value of the equipment to arrive at the book value of the equipment.
Equipment Value: $94,250
Year MARCS Depreciation Rate Depreciation
1 0.3333 
2 0.4445 
3 0.1481 <u> 
</u>
Total 87266.075
Value at the end of year 3 is $94,250 - 87266.075 = 6983.925
<h3>
Method 2</h3>
In this method, we add up the depreciation rates and deduct from 1. We then find the product of this number and the cost of the equipment to arrive at the current book value.
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