Answer:
D) 5,800 Accounts receivable 5,800 Sales Cost of goods sold, Merchandise Inventory are 4,000, 4,000
Explanation:
The entry for the credit sale is:
Debit Accounts receivable $5800
Credit sales $5800
As perpetual inventory method is followed, the cost of goods sold has to be accounted along with the entry for the credit sale. The entry for recording the cost of goods sold is:
Debit Cost of goods sold $4000
Credit Merchandise inventory $4000
Friends always fight it probably mean that you guys have a great friendship hiding from him would be funny and it would be weird at the same time so hiding in a locker with snacks and a water is not going to last you but goood luuccckk.
<span>An example of a young and successful entrepreneur
Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a
software helping companies evaluate their inventory: accounting, payroll, stock
management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he
founded Mind Trix Media providing jobs and a profit.</span>
Answer:
$250,000
Explanation:
Calculation of the amount of interest should Falwell capitalize in 2009
Based on the information given we were told that the company took out the amount of $2,500,000, 10% of the construction loan at the start of the year. Therefore the amount of interest that Falwell should capitalize in 2009 will be calculated as:
Interest = $2,500,000*10%
Interest =$250,000
Therefore the amount of Falwell interest should be $250,000
Answer:
False
Explanation:
During a sequential product development, each department works to complete its stage before the process continues to the next department.
A team-based new product development approach is used to develop products faster and to be able to sell them faster. This approach does not require that each department finishes its stage before passing to the next one. Instead, several departments work together simultaneously.