Answer:
$96,870
Explanation:
The understatement of ending inventory causes the cost of goods sold to be overstated and the gross and net income to be understated by the same amount.
If the 2017 ending inventory was understated by $7,100 then the correct net income figure for 2017 will be $7,1000 more that what was reported.
Therefore, 2017 corrected net income
= $89,770 + $7,100
= $96,870
Answer:
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
June 30
Credit Cash for $9,000 : Both methods
Explanation:
To Illustrate the required journal entries to record and pay for this purchase under the GROSS METHOD and NET METHODS by matching the action on the left with the method on the right using a PERIODIC INVENTORY SYSTEM.
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
(2%*$9,000)
June 30
Credit Cash for $9,000 : Both methods
Question Options:
a) Issues with how Scrum Master guides the team
b) Issues with Product Owner responsibilities
c) Issues with planning abilities of Development Team
Answer:
Correct answer is Issues with Product Owner responsibilities.
All these issues have something to do with collaborating with
business stakeholders, maintaining Product Backlog, participating in Scrum events, etc.
Listed here in the question, ;Conflicting requirements from different departments, ad-hoc work requests from different business managers, no feedback on Increments are product owner responsibilities.
Answer:
D
Explanation:
Humans are always looking for things to help improve their daily lives, seeing advertisements showcase new items for them and get them to buy their stuff.
