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Novosadov [1.4K]
4 years ago
14

Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entries into

three accounts: Purchases, Freight Costs, and Purchase Discounts. Based on this, what type of inventory system does Badger Enterprises use?
Business
2 answers:
Norma-Jean [14]4 years ago
6 0

ANSWER: Perpetual Inventory System

EXPLANATION: Badger Enterprises use Perpetual Inventory System to record their accounts. Perpetual Inventory System is a technique or system of recording accounting by a company where the inventory is maintained constantly as and when it changes. All the transactions of the inventory are maintained anytime it increases or decreases. Usually, companies have computerized system including bar-coding of individual items in the inventory.

Leya [2.2K]4 years ago
4 0
Perpetual inventory system - is the type of inventory system Badger Enterprise uses. A perpetual inventory system is when companies keep track of each individual purchase and sale of inventory continuously. If they use a periodic inventory system, they will do it periodically, or over a given point in time. 
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Effectus [21]

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7 0
2 years ago
How is mutual accountability fostered? Select all that apply.
Gnesinka [82]

Answer:

The correct answer is letter "A": Team members share accountability for the work.

Explanation:

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3 0
3 years ago
More accurate estimates and higher motivation are generally the result of using a(n) Blank______ budget. Multiple choice questio
katrin2010 [14]

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Participatory budgeting undoubtedly provides a number of benefits, including goal congruence, fiscal responsibility, information sharing from inferior to superior, and greater subordinate work satisfaction.

Is participatory budgeting effective?

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3 0
2 years ago
A new security system has a price-tag of $7,500, but should save your company $3,275 each year for the next 10 years in reduced
goldenfox [79]

The IRR of the security system is 42.40.

An example of security is while you are at domestic with the doorways locked and also you feel secure. An employer or department whose venture is safety or safety, esp. A non-public police pressure is employed to patrol or protect a construction, park, or another vicinity. if you see an interloper, name safety.

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Using TVM Calculation,

Present Value of savings = [FV = 0, PMT = 3,375, N = 10 , I = 7,500]

PV = 3375

PI = 33750/7,500

PI = 4.50

Time Cashflows

0        -$7,500.00

1         $3,275.00

2         $3,275.00

3         $3,275.00

4         $3,275.00

5         $3,275.00

6         $3,275.00

7         $3,275.00

8         $3,275.00

9        $3,275.00

10        $3,275.00

IRR        42.39%

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8 0
1 year ago
Early in 2017, Sheryl Crow Equipment Company sold 500 Rollomatics during 2017 at $6,000 each. During 2017, Crow spent $20,000 se
sertanlavr [38]

Answer:

Explanation:

                                         Debit $                                   Credit$

a. Cash                3000000  

    Sales revennue (500*6000)                                 3000000

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Estimated warranty liability  20000  

     Cash account                                                    20000

b. Cash account   3000000  

   Sales revenue (500*6000- 56000)                                2944000

   Unearned warranty revenue                                  56000

Warranty expenses   20000  

      Cash account                                                 20000

Unearned warranty revenue  20364  

    Warranty revenue (56000*20000/55000)                      20364

3 0
4 years ago
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