The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.
<h3>What is the cost of goods sold? </h3>
Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.
A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.
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Answer:
good luck
Explanation:
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Stockholders, employees and environmentalists are examples of stakeholders whose interests and needs often conflict.
<h3>Who is a
stakeholder?</h3>
A stakeholder can be defined as an independent individual, organization or social group that has an interest in a particular business organization (company), and as such they can either affect or be affected by the decisions taken in the business.
This ultimately implies that, stockholders, employees, investors, and environmentalists are examples of stakeholders whose interests and needs often conflict.
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The correct answer is DEPRECIATION.
Depreciation is defined as the incremental cost of wear and tear on an asset.
Depreciation is an accounting concept that allows a business or individual to allocate the cost of a capital item over the useful life of the item.
Answer:
$1,756,600.
Explanation:
P2 Jasper Company
Budgeted cash Receipt
For the 2nd quarter
April May June
Accounts Receivable $400,000
70% in the month of Sale $367,500 $374,500 $392,000
30% in the month after Sale $110,250 $112,350
Budgeted cash receipt $767,500 $484,750 $504,350
Total budgeted cash receipt for the 2nd quarter = $767,500 + $484,750 + $504,350 = $1,756,600.
30% in the month after sale means 30% amount will be received in the following month.