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Ede4ka [16]
4 years ago
12

Which statement is true when recording the sale of goods for cash in a perpetual inventory system?

Business
1 answer:
djverab [1.8K]4 years ago
8 0
1.​To record the purchase of inventory on account and the payment of freight ​charges.

Inventory​4,000
​Accounts payable​4,000

Inventory​300
​Cash​300

2. ​To record purchase returns.

Accounts payable​600
​Inventory​600

3. ​To record cash sales and cost of goods sold.

Cash​5,000
​Sales revenue​5,000

Cost of goods sold​2,800
​Inventory​2,800
Exercise 8-2
1. ​To record the purchase of inventory on account and the payment of freight ​charges.

Purchases​4,000
​Accounts payable​4,000

Freight-in​300
​Cash​300

2. ​To record purchase returns.

Accounts payable​600
​Purchase returns​600

3. ​To record cash sales.

Cash​5,000
​Sales revenue​5,000
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The correct answer is (C)

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Which question can best help a consumer assess risk when purchasing insurance? How much must be paid to make a claim? What probl
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patriot [66]

Answer:

Agile methodology

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So in real world of project development we adopt agile methodology where we develop and deliver the project to customer in every little intervals. In this context our customer use to be in loop meanwhile the development of whole project. It is good for project manager to get feedback from the customer side by side on every little chunk of project. This approach is very good to keep your customer in loop of development . We could do negotiation meanwhile ,if customer needs some changes we could do it side by side.

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Answer:

2.45%

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