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stich3 [128]
3 years ago
13

Individual visits to college campuses usually provide opportunities for all the following except

Business
2 answers:
Paha777 [63]3 years ago
7 0

Apex answer: Securing the housing option of your choice.

Mnenie [13.5K]3 years ago
5 0
Is this multiple choice...if so can you edit your question and put the answer options
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The inventories of Berry Company for the years 2016 and 2017 are as follows: Cost Market January 1, 2016 $10,000 $10,000 Decembe
Hitman42 [59]

Answer:

Direct method:

December 2016:

Dr     costs of sale              $1,500

Cr     inventory                                    $1,500

to record the reduction in value of inventory

December 2017

Dr     costs of sale              $1,000

Cr     inventory                                    $1,000

to record the reduction in value of inventory

indirect method:

December 2016:

Dr    inventory allowance expense            $1,500

Cr    provision for inventory  allowance                       $1,500

to record the reduction in value of inventory

December 2017:

Dr    inventory allowance expense            $1,000

Cr    provision for inventory  allowance                       $1,000

to record the reduction in value of inventory

Explanation:

Under the direct method of inventory valuation,the reduction in inventory value is debited directly to costs of sale and credited to inventory in order to write down inventory to lower of cost and market value

The loss on inventory valuation in December 2016 is $1500($13,000-11,500) the amount by which cost is higher than market value.

The loss on inventory valuation in December 2017 is $1000($15,000-14000) the amount by which cost is higher than market value.

However, under the indirect method,the diminution in value of inventory is credited to  allowance provision account in the balance sheet and debited to allowance expense account in the income statement

6 0
3 years ago
A commercial testing company has developed a brand new test intended to measure the mathematical skills of students who possess
Step2247 [10]

Answer: Equivalent forms

Explanation:

Parallel forms reliability which is also referred to as a equivalent forms reliability that tends to use a set of questions which is further divided in two equivalent forms, under which both sets tends to contain the questions that measure or evaluate the similar construct, skill or knowledge. These sets of question are then given to same individual from the sample within short time period and thus estimate of the reliability is then evaluated from these sets.

5 0
3 years ago
When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted
zysi [14]

Answer:

B

Explanation:

When using the indirect method to prepare the operating section of a statement of cash flows , the gain on sale of land will be deducted from the net income as it has already been included in the net income as the gain on the sales of the land , which was a non cash recognition in the course of the business.

Decrease in receivable means that there was an inflow of cash as some receivables had paid their debts , thus it is added.

The amortization is a non cash expenses that had been deducted which will need to be added back to the net income for the purpose of cash flow.

5 0
3 years ago
Big Homes Corporation is an accrual method calendar year taxpayer that manufactures and sells modular homes. This year for the f
Nina [5.8K]

Answer:

What amount of the rebates, if any, can Big Homes deduct this year?

$19500

Explanation:

$19,500 if this amount is not material, Big Homes could  continue  offering rebates in next sells, in addition expects to pay the accrued rebates before filing their tax return for this year.

4 0
3 years ago
Magna Carta was the result of the king's disastrous foreign policy and overzealous financial administration. John had suffered a
Korvikt [17]

Answer:

The correct answer is  A. King John’s poor financial decisions and loss of territory

Explanation:

4 0
3 years ago
Read 2 more answers
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