The following below completes the question:
- Intake of Completed-Items Stock.
- Produced Goods Cost should be included.
- In other words, it's the same as "Done and Ready to Sell" products.
- Subtract the final stock of finished goods.
- Equals: Cost of Goods Sold.
This is further explained below.
<h3>What is the Cost of Goods Sold.?</h3>
Generally, the total amount that your firm spent on product sales is referred to as the "cost of goods sold." It might entail resale items, raw supplies, direct labor, or packing, depending on the company that you work for.
The thing that is being put up for sale is referred to as the product. A product might refer to either an object or a service. It may take the shape of anything tangible, virtual, or cyber. Every item has a price tag attached to it since it must be paid for during production.
In conclusion,
- Intake of Completed-Items Stock.
- Produced Goods Cost should be included.
- In other words, it's the same as "Done and Ready to Sell" products.
- Subtract the final stock of finished goods.
- Equals: Cost of Goods Sold.
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Answer: Option (B)
Explanation:
From the given options, option (B) is correct. The triple bottom line also known as T.B.L. It is referred to as an accounting groundwork with the 3 parts:. These are as follow: social, environmental and financial. Most of the organization tend to adopt the Triple Bottom Line framework in order to appraise performance in wider perspective so as to create better organization value.
Answer:
c.Insurance expense would be debited for $300.
Explanation:
Provided that
12 month insurance policy purchased on Dec 1 = $3,600
So, the adjusting entry on Dec 31 would be
Insurance expense A/c Dr $300
To Prepaid Insurance $300
(Being insurance expense is recorded)
The computation is
= $3,600 ÷ 12 months
= 300
As we have to compute for 1 month so we recorded $300 insurance expense
I would say the correct answer is cell protection. It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.
