Personal goal: A personal goal I have is to be and active citizen to my community. Help others, pick up trash.
High school Goal: My high school goal is to graduate, so I can get into and Ivy League school.
Financial goal: My goal is to have enough money for my college tuition.
Answer:
C. When inventory is delivered to a customer
Explanation:
As we know that the inventory is good that the company sold to the customers. Through these goods, the company can able to generate huge profits and gain a competitive advantage in the market
But when we talk about the inventory cost that converted into an expense is when we delivered the product to the customer. It would be represented in the company books as an expense. Until sold, it cannot be converted
Answer:
external secondary data
Explanation:
Secondary data is information collected by other people or other sources. The most common secondary data sources are national censuses, sales reports, economic reports, etc.
This type of data is very useful because it can help us to reduce the costs of a marketing research or other types of studies. A lot of information can be found on the internet, but you must try to use only the information that comes from reliable sources.
Answer:
$800 Debit.
Step by step explanation:
We have been given that the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.
Since debit postings are more than credit postings, so the balance of the account will be debit.
Let us find how many debit postings will be in the balance of account by subtracting 1100 from 1900.
Therefore, the balance of the account is a $800 debit.
Answer:
$786,100
Explanation:
Funk Company
Accounts receivable $93,500 -$ 89,600
=$3,900
Sales totaled $790,000 - $3,900
=$786,100
Hence;
Cash (received from customers)$786,100
Add Accounts receivable $3,900
Sales revenue $790,000
Therefore the amount of cash received from customers during 2021 will be $786,100
