Answer:
security policy is the correct answer.
Explanation:
Answer:
$1,017,400
Explanation:
Particulars Amount
Retained earnings December 31st, 2018 $858,000
<u>Prior period adjustment</u>
Depreciation expense error -<u>$42,600</u>
Adjusted retained earnings December 31st, 2018 $815,400
Add: Net income $220,000
Less: Dividend -<u>$18,000</u>
Retained earnings December 31st, 2019 <u>$1,017,400</u>
Answer:
down below
Explanation:
A career is a occupation that people take for usually long periods of time, many times people have a career for there whole life, it's something you have progress with over the years.
a employer is either a person or organization that employs people for a job
a employee is someone who is working at a job for means of wages or salary.
Answer:
Closing Inventory value is $3,485.
Explanation:
FIFO is the inventory costing method which assumes that the item purchased earlier will be sold first and the item purchases at last will be sold at last.
According to FIFO the inventory cost of McCarthy Company is as follow:
Date Description Price Unit Total Balance
October 1 Opening $200 8 $1,600 $1,600
October 2 Purchases $205 20 $4,100 $5,700
October 4 Sales $200 8 $1,600 $4,100
Sales $205 3 $615 $3,485
Closing Inventory value is $3,485.