Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.
Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.
If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.
Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.
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Answer:
Fee based fund is the correct answer to the given question
Explanation:
In the fee based funds exercise the money is charged directly to customers.The Fee-Based Funds is imposing the charge of sales to the customer .The Fee-based funds consultants could charge an extra payment of fixed price according to the company policy .
- When the company sells the mutual fund in a fee-based consideration individuals will buy the bond fund Series of the F units.
- All the other options are not related to imposing the sales charge that's why they are incorrect option .
Pressure from consumer groups is encouraging some producers to develop more desirable products. The desirable products are products that take care of both the objectives are called desirable products. For example, body shop products are named desirable products because they offer short term gratification and also support the society.
I personally don't like them AT all