Answer:
E. Debit Cost of Goods Sold $839,300; credit Finished Goods Inventory $839,300.
Explanation:
The journal entry is as follows
Cost of goods sold Dr $839,300
To Finished goods inventory $839,300
(Being the cost of goods sold is recorded)
The computation is shown below:
= Beginning balance of finished goods inventory + transferred of goods completed - ending balance of finished goods inventory
= $160,500 + $837,000 - $158,200
= $839,300
Answer:
cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility
Explanation:
Gross earnings is your total income earned without the deductions in place.
Net pay on the other hand is your total income plus tax deduction.
Answer:
B. The country is in economic decline.
Explanation:
The economic growth rate is determined by the percentage change in real GDP per capita at the end of a period. Real GDP refers to the total value of all products and services produced in an economy after adjusting for inflation. Reals GDP helps compares economic growth in different seasons to identify the direction of economic growth.
If the population is growing, but the real GDP is constant, it means that real GDP per capita is decreasing. Real GDP is capital is calculated by dividing real GDP by the population. Therefore, real GDP per capita is the measure that determines actual economic growth in a country. An increase in real GDP signifies that people's standard of living is increasing. Real GDP per capita is the GDP per individual in a country. For there be economic growth, real GDP growth must match or be greater than the population growth.
Answer:
B) social surroundings
Explanation:
Based on the information provided within the question it can be said that the other individuals present in the store represent the social surroundings. This term refers to all the individuals that make up an environment, including kids, parents, teenagers, employees, customers, etc. In this situation it is all the human individuals that within Aeropostal.
