Answer: (A) Budget
Explanation:
Budget is one of the type of financial plan that is create according to our requirement and also budget.
A budget is one of the type of document that is used for describe the detailed plan in the future and it is usually expressed into the quantitative terms.
The main objective of the budget is to creating a proper plan based on the expenses, revenue, liabilities and the cost in an organization and it also helps in balancing our expenses with the income.
Therefore, Budget is the correct answer.
Answer:
A. debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Explanation:
The work in progress cannot yet be debited because it cannot be sold while the finished goods represent cash.
The thing that Eldrick bought is called: Tax certificate
A tax certificate is a document that given to purchasers whenever they're biying an fixed asset (such as building , land, or other type of property).
The purchaser will obtain the right of the taxation account for the specific property and the tpayment will be transferred to the purchaser in the future
Answer:
E. $20,500
Explanation:
The average investment is defined as the average between the initial investment and the salvage value of the equipment.
In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:
The answer is alternative E. $20,500
