Answer:
The answer is: C) Net purchases plus beginning inventory equals merchandise available for sale
Explanation:
The best way to show how this equation works is by assigning values to the accounts;
- initial merchandise inventory was 2,000 units, at $10 per unit, total $20,000
- merchandise purchased was 4,000 units, at $10 per unit, total $40,000
How many units do we have available for sale, and at what cost?
We add initial merchandise inventory and merchandise purchased = 6,000 units at $10 per unit, total $60,000
Answer: Sole Proprietorship
Explanation: This is a form of a business organisation in which one person owns and controls the organisation. Also known as a sole trader, this is not a legal entity. There is no legal separation between the owner and the business itself. The person owns the business and is responsible for the debts incurred in the business. However this also means that the sole trader receives all the profits generated from the organisation.
Hector is thus the sole trader in this question. He will be personally liable for any debts incurred in the business, but he will also solely reap the benefits of the business, such as the profits earned. He can run the business under his own name, or create a fake name. But this will not separate his organisation from him.
Answer:
taking a physical count of inventory on hand
Explanation:
The Physical Inventory Worksheet is used when taking a physical count of inventory on hand. This is the only way to tell how many items are really available for sale and allows a business to do it efficiently. An example would be counting the number of steaks the restaurant has on hand on a Saturday afternoon. This also allows the business to analyze the expected sales with the actual inventory in order to determine whether or not they need more.
All of the following are the actors that exists in the information systems except the sales force.
<h3>What is meant by environmental actors?</h3>
The environmental actors are the people or the forces that would have the roles that they have to play in the business. They are the ones that have to act as the business actors in the demand and supply and other forms of distribution in an economy.
The actors are the players that are in the business that they organization and the business are going to interact with. These are the people such as the customers, the suppliers, the shareholder, the competitors and other forces. The action of the environmental actors keeps businesses alive and are of crucial importance to any economy.
Hence we can say that All of the following are the actors that exists in the information systems except the sales force.
Read more on environmental actors here: brainly.com/question/8199939
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