Inventory and purchases are used to determine the last journal entry under the periodic method.
<h3>What is a Journal?</h3>
This is defined as a detailed account that records all the financial transactions of a business.
This is however done so as to be used for future reconciling of official accounting records. The periodic method has the Inventory and purchases as determinants in last journal entry of the accounting period.
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420x6/7 = 360 starting amount
420-360 = 60 interest
60/360 = 16.67%
Answer:
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Soil salinity can be reversed, but it takes time and is expensive. Solutions include improving the efficiency of irrigation channels, capturing and treating salty drainage water, setting up desalting plants, and increasing the amount of water that gets into aquifers. Mulches to save water can also be applied to crops.
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