Answer:
The correct answer to the following question is that the Syrio's snowboards should debit the cost of goods sold account and credit the inventory account by $5000.
Explanation:
It is given that in the books , the inventory amounts to $24,000 but physically on $19,000 of inventory is present. Which means there is shortage in the inventory , that means the company would have to decrease the amount of inventory in the books. For that they will debit the cost of goods sold account and credit the inventory account by $5000 ( $24,000 - $19,000 ).
Answer: A. ramen noodles and chocolate chip cookies are inferior goods
Explanation:
Inferior goods are goods that experience decrease in demand when consumers experience increase in income.
Inferior goods has to do with social economic class, certain people at lower socio economic class go for certain goods because of its affordability not minding quality, same people might stop demanding for such good at a higher socio economic class.
The answer should be D if not it's A
An example of <u>possession</u> utility involves intermediaries shipping goods to buyers of a product.
Possession utility speaks to the actual act of product possession — which includes consumers riding a new automobile off the lot or having furniture added to their domestic. It also highlights the connection between ownership and purpose.
There are 4 one-of-a-kind forms of software: form application, place utility, time software, and ownership application. The quantity to which those utilities affect buy choices depends on the individual.
Ownership utility is the value derived from a product that incorporates the whole possession utility of the product with a preference to apply the product right now and for any motive.
Learn more about the possession utility here brainly.com/question/14898098
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