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4 years ago

Prepare a tabular summary to record the transactions for the month using a perpetual inventor system.

Business

1 answer:

vfiekz [6]4 years ago

6 0

Answer:

Perpetual Inventor System.

 DR CR

 $ $ 

March 2

(a) Accounts receivable $850,000

Revenue $850,000

Cost of goods sold $500,000

Inventory $500,000

March 6

(b) Inventory $60,000

Cost of goods sold $60,000

Revenue $100,000

Accounts receivable $100,000

March 12

Accounts receivable $850,000

Explanation:

perpetual inventory system is an inventory system where inventory records are updated to reflect additions and subtractions inventory. Records will be made when inventories are received, goods are sold items returned, etc.

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The managers of Presto Pizza, a popular pizzeria in Concord, California, have been increasingly encouraging senior citizens to o

lesya692 [45]

Answer:

Market movement

Explanation:

From the question, we are informed about managers of Presto Pizza, a popular pizzeria in Concord, California, have been encouraging senior citizens to order takeout and free express delivery from the pizzeria's several outlets spread across the city.

In this case, whereby, the management of Alfredo's Pizza is seeking to tap into this promising segment that consists of retired, affluent consumers, the managers of Alfredo's Pizza are anticipating company growth through market movement

Market movement can as well be regarded as material information, it is movement necessary for investors to invest in stock market, through this movement alot of information that can convince the investors to take actions is gathered.

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3 years ago

Your class makes a proposal to sell hot dogs, hamburgers, and other refreshments at sporting events. The local School Board agre

vladimir2022 [97]

Answer:

I help u after my online class:))))

Explanation:

I help u after my online class wait my answer

6 0

3 years ago

Even though he is not a manager, Mr. Brate is the one to see in the company when there is something you need. He will get it qui

MAVERICK [17]

Answer:

Informal organisation

Explanation:

There are two forms of organisations in a business. The informal organisation and formal organisation.

Informal organisation is the social structure of an organisation, based on social interaction among its members. So even if Mr. Brate is not a management staff, his ability to get things done easily makes him an important member of the informal organisation.

Often informal organisation functions alongside the formal organisation in a business.

8 0

3 years ago

If a family's income does not increase as fast as the prices of the goods and services that it consumes, its standard of living

Vinil7 [7]

Answer:

Inflation lowers the standard of living for people whose income does not increase as fast as the price level. Real GDP measures the: value of final goods and services produced within the borders of a country, corrected for price changes.

5 0

3 years ago

On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb

ELEN [110]

Answer:

The correct answer is $60,000.

Explanation:

According to the scenario, the given data are as follows:

Expenditure for Jan.1 = $334,000

Time period ( Jan.1 - Dec.31 ) = 12 months

So, average expenditure = $334,000

Similarly, Expenditure for Sep.1 = $498,000

Time period ( Sep.1 - Dec.31 ) = 4 months

So, average expenditure = $498,000 × 4÷12 = $166,000

Now, Expenditure for Dec.31 = $498,000

Time period ( Dec.31 - Dec.31 ) = 0 months

So, average expenditure = $498,000 × 0÷ 12 = 0

So, capitalized interest = ( average expenditure Jan.1 + average expenditure Sep.1 + average expenditure Dec.31) × 12%

= ($334,000 + $166,000 + $0) × 12%

= $500,000 × 12%

= $60,000

3 0

4 years ago