Answer:
point-of-sale systems
are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.
Answer:
Philippine chemicals industry.
Explanation:
Philippine chemical industry strives to turn the raw resources of the country into a wide variety of higher-demand goods that serve the best consumer benefit for domestic and global business needs. It can achieve sustainable growth by constantly developing goods and processes, and thereby lead to the employment generation and socio-economic prosperity of the country.
<span>If Tiffany has been contributing to her Roth IRA for a long time, she has payed taxes as the money was deposited. Regardless of her tax bracket, the money has been allowed to accrue tax-free and she will pay no taxes on withdrawal after retirement.</span>
Answer:
A loss on sale of $5,000
Explanation:
Calculation to determine what the company should record at the time of sales
First step is to calculate the Book value as on date of sale using this formula
Book value as on date of sale=Cost-Accumulated depreciation
Let plug in the formula
Book value as on date of sale=87,000-40,000
Book value as on date of sale=$47,000
Based on the above calculation the sale proceeds is lower than the book value as on date of sale which indicate a loss
Hence:
Loss =($47,000-$42,000)
Loss=$5000
Therefore At the time of sale, the company should record: A loss on sale of $5,000.