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vichka [17]
3 years ago
11

6. Many supermarkets carry plain packages that only identify the name of the product that is inside. For example, a label may re

ad simply peaches or green beans. These goods represent:
Business
1 answer:
anygoal [31]3 years ago
4 0

Answer:

generic goods.

Explanation:

Generic goods -

It refers to the type of packaging , where only the type of product present inside the packet is written , rather than specifying the name of the brand , is referred to as generic goods .

For example ,

Mentioning the package with rice , cola , beans etc. , is the example of generic food .

Hence , from the given scenario of the question ,

The correct answer is generic goods .

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Exercise 9-16
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Answer:

Loss on sale of delivery equipment =  $3,700

Explanation:

The following journal entry to record the exchange for Sheridan’s Delivery Company.

Delivery equipment debit (fair value)                  $2,800

Loss on sale of delivery equipment debit          $37,00 (Note - 1)

Accumulated depreciation debit                         $15,000

Delivery equipment (original cost) credit            $21,500

Note: Calculation: Loss on sale of delivery equipment = cost price of delivery equipment - accumulated depreciation - disposal of delivery equipment.

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