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olga nikolaevna [1]
3 years ago
15

Skidmore Music Company had the following transactions in March:

Business
1 answer:
finlep [7]3 years ago
5 0

Answer: Check attachment

Explanation:

A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.

For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.

Check the attachment for more analysis.

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List and briefly describe (in order) the six steps required to store a record properly.
olga2289 [7]
<span>1. Find a good spot to store your records--neither too cool, too hot, or exposed to direct light / water. 2. Make use of the original sleeves. 3. Make your own sleeve out of wax / butcher paper if the original is inaccessible. 4. Intersperse records with rigid cardboard inserts to keep from accidental bending. 5. Keep records tightly compacted to avoid wiggle room / slippage. 6. Return to sleeve immediately after use, and have fun!</span>
8 0
3 years ago
2. Winners and losers from free trade Consider the market for meekers in the imaginary economy of Meekertown. In the absence of
loris [4]

Answer:

In the absence of international trade, the domestic price of meekers is $40. Suppose that the world price of meekers is $39.

When the world price is lower than the domestic price the country imports and domestic price goes down

If Meekertown allows free trade,then it will import meekers

Meekertownian consumers were worse off without free trade than they are with it.-TRUE

Meekertownian producers were worse off without free trade than they are with it.- FALSE

True or False:

When a country is too small to affect the world price, allowing free trade will never increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.-FALSE

Explanation:

8 0
4 years ago
According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
sweet-ann [11.9K]

Answer:

It would be B,C,D on edge

have a great dauyyyy!!!

Explanation:

7 0
3 years ago
Read 2 more answers
Briefly explain whether you agree or disagree with the following​ statement: ​"AssetsLOADING... are things of value that people
bekas [8.4K]

Answer:

A. Disagree. Checking accounts represent something that the bank owes to the owner of the account. It is a bank liability.

Explanation:

Given the definitions of liabilities and assets, it is also important to distinguish the <em>point of view</em> when discussing whether a specific item is an asset or liability.

Since a checking account represents money bank users deposit into the bank, that means that the <u>bank owes the money deposited</u> to the bank customer.

Similarly, a car loan is a bank asset. It is an essential bank product representing the money lent to someone. That means <u>bank users owe the bank</u> in that case. Although the bank doesn't possess the loan money after providing someone with a loan, the loan money will be returned to the bank after some time (representing the key asset characteristic).

8 0
3 years ago
the costs of carrying inventory include the costs of . (check all that apply.) multiple select question. delivering goods to cus
gogolik [260]

The costs of carrying inventory include the costs of .

  • theft
  • storage
  • spoilage
  • obsolescence

<h3>What is inventory carrying cost?</h3>

Inventory carrying cost can be defined those cost or expenses incurred by companies so as to store their products or goods in their warehouse.

Most companies tend to incur this type of cost because they will need to stock or keep inventory for a period of time and  sometimes this store inventory are at risk of be stolen or damaged.

Therefore the costs of carrying inventory include the costs of, theft, storage, spoilage and obsolescence.

Learn more about Inventory carrying cost here:brainly.com/question/18804059

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4 0
1 year ago
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