Answer:
I think the third option is easy for you
Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".
Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.
Bottom-Up Estimating is the most common, real-world method of estimating projects. Option c is correct.
<h3>What is the bottom up estimating technique?</h3>
This is the term that is used to refer to the estimation of work by making use of the details that are the possible least.
This method is known to be the most common method that is made use of while going through real world projects.
Read more on the Bottom-Up Estimating here:
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Answer:
a) the inclusion of only financial assets and related liabilities.
Explanation:
The basic foundation of governmental financial accounting and reporting in the United States was established by the Governmental Accounting Standards Boards (GASB) in its "Objectives of Financial Reporting," which stated that the purpose of financial reporting is to provide information to facilitate decision making by various groups.
The groups were defined as;
(1) citizens of the governmental entity,
(2) direct representatives of the citizens, such as legislatures and oversight bodies, and
(3) investors, creditors, and others who are involved in the lending process.
Answer:
Money supply increase=500000/10%=5000000
Explanation:
