Answer:
b. A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications.
Explanation:
A manufacturing unit will generally follow, three step completion of goods while manufacturing, as in primary state the company requires raw material for processing it and making it finished good.
After that the goods are processed and as all goods require some further time to process, some goods remain in between some stage called, work in process, where some processing is done, and some is left.
The last stage is to become a finished good, once the goods are completed, it is called finished goods and then goods are aimed to be sold.
Therefore, correct statement is statement B.
Answer:
D.$36,000
Explanation:
Calculation for How much interest is recognized for the period from April 1 to December 31
First step is to find the 12% of the amount that was borrowed which is $400,000
$400,000×12%
=$48,000
Now let calculate for the amount of interest that is recognized from April 1 to December 31
Interest =$48,000×3/12
Interest =$12,000
Hence,
Interest =$48,000-$12,000
Interest=$36,000
Therefore the amount of interest that is recognized from April 1 to December 31 will be $36,000
A Student Loan is the answer.
Answer:
Sei senora Le del ray fenora tenor fa le sai de nira fa la sa no twai he fa ching fang la senor te fora fen teai
