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Sergeeva-Olga [200]
3 years ago
12

The general ledger shows a balance of $ 66 comma 200 in the Merchandise Inventory account at the end of the period. The physical

inventory count shows inventory of $ 63 comma 000. ​(Assume a perpetual inventory​ system.) The adjusting entry includes a​ ________.
Business
1 answer:
madam [21]3 years ago
6 0

Answer:

The adjusting entry includes a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,200

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately

The adjusting entry is calculated by subtracting the physical inventory account from the merchandise inventory account

Given

Physical Inventory Account= $63,000

Merchandise Inventory Account= $66200

Adjusting Entry = Merchandise Inventory Account - Physical Inventory Account

Adjusting Entry = $66,200 - $63,000

Adjusting Entry = $3200

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Answer:

TRUE

Explanation:

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The percentage which is the sum of the discount rate, the effective tax rate and the recapture rate representing the relationshi
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Answer:

Capitalization rate

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densk [106]

Answer:

workers may provide less-than-expected work effort.

Explanation:

Principal-agent problem

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6 0
3 years ago
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leva [86]

Answer:

The beta is 1

Explanation:

The computation of beta using the CAPM model is shown below:

As we know that

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9.0% = Beta × 9.0%

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We simply applied the above formula so that the correct value could come

And, the same is to be considered  

4 0
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Whitepunk [10]

Answer:

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